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Showing posts with label India. Show all posts
Showing posts with label India. Show all posts

Monday, August 15, 2011

Video: Asian Car and Motorcycle Accidents Compilation



As most motorists are already aware of, there are many ways to get into an accident, be it your fault or another driver's error.

In the video after the jump, a Youtube user compiled a 7-minute-long clip with all sorts and types of automobile and motorcycle related incidents that allegedly took place in numerous countries of Asia (though understandably, there's no way of ratifying this claim for each and every crashe seen in the clip).

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Thursday, August 11, 2011

As Nano Sales Fall, Tata Motors Invests on Jaguar and Land Rover to Raise Profits



When Tata Motors bought Jaguar and Land Rover from Ford in 2008, it had great plans for both brands. Driven by sales of the sub-$5,000 Nano, the Indian conglomerate would have enough funds to secure their future. Now it seems that the tables have turned, and it's the Jaguar Land Rover (JLR) unit that may have to bring in the profits. Read more »

Thursday, August 4, 2011

Ford Announces 45% Increase in Sales in India


Ford's India subdivision announced today that it sold 71,347 units from January 1 until July 31, which corresponds to a 45% increase compared to the same period of 2010 when it delivered 49,131 units.

The Detroit firm wants to further increase its presence in the country and has announced the signing of an MoU (Memorandum of Understanding) with the State of Gujarat to invest approximately $1 billion to build two new plants in addition to the one in Chennai, for vehicle and engine manufacturing on a 460-acre site in Sanand.

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Monday, August 1, 2011

Mahindra Wants to Become “India’s First Global Cult Brand”


M&M is not just a well-known candy but also the name of a part of the Mumbai-based Mahindra Group - an Indian conglomerate with a market value of $17.6 billion that has 119,900 employees in more than 100 countries and is involved in almost everything from banking and agribusiness, to aerospace technology and real estate.

M&M, which stands for Mahindra & Mahindra, is the flagship company of the Mahindra Group and has a presence in both the automotive and tractor businesses. Anand Mahindra, son of one of India’s richest families, leads the company.

Mahindra certainly has great ambitions for his company and SsangYong, the bankrupt Korean manufacturer which he bought in November 2010. Automotive News reports that Anand recently stated “We want to be India’s first global cult brand”.

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Saturday, July 30, 2011

Toyota to Launch New Small Cars for China, Brazil and Indonesia


Toyota is planning to launch a new small car designed specifically for China in 2013, according to a report from Reuters citing the Nikkei business daily newspaper.

The new small car will be a little larger than the low-cost Etios that is sold in India. A 1.5-liter gasoline engine will power it and prices are expected to begin from under 1 million yen (approximately US$12,853).

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