Ruesselsheim, Germany - German carmaker Opel has called for the company to break away from its ailing General Motors (GM) parent and forge a new motor vehicle group comprising the giant US auto group's European operations as part of a rescue plan unveiled Friday.
The move could bring to an end Opel's 80-year history as a part of GM's business empire, with Opel seeking 3.3 billion euros (4.3 billion dollars) in aid to underpin the formation of the European car group and help it through the current global car market crisis.
Ruesselsheim, Germany - The board of German carmaker Opel are meeting Friday to consider a rescue plan for the ailing General Motors (GM) offshoot.
This could lead to Opel breaking away from GM after 80 years as part of the US car giant's empire with the German Government saying Friday the battle for Opel and its European operations would be raised at a European Union (EU) leaders' summit set down for Sunday.
Hopes to sell 50-100 SUVs, priced at Rs 66-83 lakh
German carmaker BMW showed confidence in the Indian luxury car market by taking the wraps off the X6 on Thursday.
The sports utility vehicle, imported as completely built units (CBUs), come in two variants — the xDrive50i, with a sticker price of Rs 82.90 lakh and the xDrive30d, costing Rs 65.9 lakh.
New York - US automotive giant General Motors Corp on Thursday reported a 30.9-billion-dollar loss in 2008, the second- biggest in its 100-year history.
The final year tally came after fourth-quarter losses of 9.6 billion dollars, a figure that underscores the dire situation the company finds itself in as it battles for survival.
The losses came as sales plunged by double-digit figures in the recession-hit US economy. For the full year, sales dropped 17 per cent to 149 billion dollars.
Berlin/Ruesselsheim - Thousands of workers employed by General Motors in Europe took to the streets Thursday to demonstrate against the giant US carmaker's sweeping restructuring plans and to save their jobs.
The protests came as GM's German offshoot Opel prepared to unveil a rescue plan for the German operations and the government in Berlin stepped up its criticism of the US-based auto group amid a deepening crisis in the global car industry.
Nano, the cheapest car in the world, is all set to hit Indian roads by the end of March, turning Ratan Tata's dreams to produce 'the people's car' into reality.
The company will organise a function on 23 March in Mumbai to launch Nano in the presence of renowned personalities from business, political and social sector.
The company said in a statement, "The car will be on display at Tata Motors dealerships from the first week of April. Bookings will commence from the second week of April."
Ruesselsheim, Germany - German carmaker Opel has called for the company to break away from its ailing General Motors (GM) parent and forge a new motor vehicle group comprising the giant US auto group's European operations as part of a rescue plan unveiled Friday.
Ruesselsheim, Germany - The board of German carmaker Opel are meeting Friday to consider a rescue plan for the ailing General Motors (GM) offshoot. 
New York - US automotive giant General Motors Corp on Thursday reported a 30.9-billion-dollar loss in 2008, the second- biggest in its 100-year history.
Berlin/Ruesselsheim - Thousands of workers employed by General Motors in Europe took to the streets Thursday to demonstrate against the giant US carmaker's sweeping restructuring plans and to save their jobs.
Nano, the cheapest car in the world, is all set to hit Indian roads by the end of March, turning Ratan Tata's dreams to produce 'the people's car' into reality. 
