Volkswagen – Europe’s largest automaker — is said to be considering a tie-up with Japan’s Suzuki to gain access to the automaker’s small car know how. Suzuki’s small car experience has vaulted the comparably small automaker to become the number two selling marque in Japan, trailing only Toyota.
Read the rest of this entry »

You might have heard about Tata, and their $2500 micro car.  They even made headlines with their recent purchase of Land Rover and Jaguar.  What you don’t know is the troubles that lays ahead of them.

Their construction costs for their new plant built to make the cheap Nano is over budget by about $80 million.
Their commercial truck sales are down, and they are going to be incurring an integration cost for the newly bought Land Rover and Jaguar units.

Tata needs money and they need it fast.  Where it comes from is questionable, even to analysts.  Appearently they are to receive $1.7 billion from “rights issues” whatever that means.  Needless to say, their stock is slumping, because people have no faith they can produce the $2500 minicar