Posts Tagged ‘Tata’



GM struggling to offload Saab

Sources close to Saab say that owner General Motors is having a difficult time trying to find an interested buyer for the Swedish automaker. Technically, GM put Saab under a “strategic review” as a part of the Detroit automaker’s long-term plan presented to Congress last month, but sources close to GM and Saab say that the Swedish brand has been heavily shopped around to potential suitors to no avail.
Read the rest of this entry »



Tata abandons Nano factory

The New York Times reported on Friday, that the completion of the new Nano factory in the West Bengal state of India will not be taking place.

The troubles surrounding the Nano continue to arise as time passes by, with the release and manufacturing date being pushed further and further down the road.

The Nano is a sub-compact mini car, which came to fame due it’s pricetag which has been announced to be just shy of $2500. Reuters have however reported recently that the new sticker price of the vehicle will be $2,130 making it the least expensive vehicle ever.

Ratan Tata, the head of Tata Motors has released a statement, explaining that Tata Motors is hoping they can resolve issues with farmers, whom have been protesting against the manufacturing facility for some time now.



Chrysler is currently in talks with Tata motors of India to see if they would be interested in distributing it’s Jeep Wrangler SUV. In India the Wrangler would be up against the like of several Mahindra makes, which is the leading manufacturer of small trucks and SUV’s in the region. Mahindra plans to enter the United States in the coming years with a nice broad selection of diesel fuel efficient small trucks and SUV’s.

Chrysler is also in talks with Fiat, planning on leasing out some of it’s current production capacity in North America for Fiat models. Chrysler is also entertaining the idea of distributing the vehicles for Fiat through it’s vast network of dealers.