Jaguar Land Rover is planning to shed around 200 jobs in its UK operations. Jaguar Land Rover is a leading automotive company owned by TATA group. The company wants voluntary layoffs of its production staff from its plants located in Merseyside in Northern England, Birmingham and Solihull in Central England. The company would provide nine months salary to retrenched staff and pension to over-sixty staff.

The letter of TATA group chairman, Ratan Tata surprised the political and business class of the country.

His “open letter to the citizen of West Bengal” is published in the leading newspapers of Kolkata. He has explained the circumstance under which TATA has to leave Singur in West Bengal. Ratan Tata strongly criticized the role of Trinamool Congress leader, Mamta Benergee and other vested interests.

Washington - Merger talks between struggling US auto giants General Motors and Chrysler were pressing forward, with a view to concluding them before November 4 presidential elections, the Detroit News reported Saturday.

Added pressure for a deal was coming from private investor Cerberus, which owns 80 per cent of Chrysler. German auto group Daimler still holds 20 per cent of Chrysler.

The ambitious Nano, which has gone through some rough times shall finally be launched by the year end from the Tata's Pune Plant. It will be a small scale launch as only 200-300 Nano's shall be seen on the roads.

A new Chevrolet Model was launched by General Motors (GM) India, a wholly-owned subsidiary of US car maker General Motors Corp, as part of its centenary year celebration by brand ambassador Saif Ali Khan on Thursday .The car with the 'Bada Dil Badi Car’ slogan is priced between Rs 3.98 and Rs 5.11 lakhs.

Quoting Vice President GM Motors India P Balendran "The new Chevrolet U-VA brings superlative value and additional safety, security and luxury to our customers, which is in line with our commitment to provide best-in-class products and services”.