Auto Sector

Suzuki Unveils A-Star; India Launch In Mid-Nov

Suzuki Unveils A-Star; India Launch In Mid-Nov Japanese small car major Suzuki launched new model in Paris on October 2, 2008. It is the fifth global model of the company.

Its new small car A star is expected to come in the market by the end of this month. The company ranked the new model just below the popular Suzuki Swift model of the company.

Tata pulls Nano project from Indian state

Tata pulls Nano project from Indian state New Delhi - India's Tata Motors announced Friday that it was scrapping plans to manufacture the world's cheapest car, the Nano, in the eastern India state of West Bengal because of continuing protests over farmland acquired for its plant.

Tata group chairman Ratan Tata told reporters in the state capital Kolkata that the company feared for the well-being and safety of its employees.

Sluggish September For Auto Industry

The cash crunch and the ‘shraadh’ season has hit the automobile sales especially Sluggish September For Auto Industrythe four-wheel segment though there had been marginal silver line in the sales outcome of two wheelers. 

The degrowth of its largest A2 segment of Zen Estilo, Swift, WagonR, and Alto hit 1.29% dip in sales but, surprisingly, the people’s car, Maruti800 took the biggest brunt by 33.6% drop in sales to 3,467 units only.

Ratan Tata to meet Buddhadeb today

Ratan TataKolkata, Oct 3: Tata Group Chairman Ratan Tata will meet West Bengal Chief Minister Buddhadeb Bhattacharjee here today to discuss the company's 'Nano' car project in Singur which has run into rough weather after strong resistance from the Mamata Banerjee's Trinamool Congress over farmland acquisition issue.

According to sources, the meeting is scheduled to be held in the afternoon at the Writers' Buildings.

Work on the Tata's 'Nano' project has been suspended for nearly a month because of the protest by the Trinamool Congress.

''Nano'' makes its way to a makeshift tent in Kolkata

TATA NanoKolkata, Oct 2 : ''Nano Car'' that has been raising a lot of dust on the land allotted to the TATA''s at Singur, has found its way to a makeshift tent in Kolkata.

With the hugely popular five-day festival of ''Durga Puja'' just round the corner the organisers in Kolkata have come out with a unique idea to press their demand to let TATA''s continue at Sindur.

Durga Puja is the time when devotees flow in large numbers and offer prayers to the goddess of supreme power, Durga.

Theme based Pandals and magnificently designed idols form an integral part of the festival.

Khattar drives into multi-brand car sales

Jagdish Khattar would start a multi-brand car sales and service business. He plans Khattar drives into multi-brand car salesto invest Rs 1,000 crore in the next five years. He is a former manager of leading passenger car company, Maruti. Now, he would start his new company, Carnation Auto India Ltd to start a new venture in the multi branded car market. He would get 80-crore investments from Wipro chairman Azim Premji’s PremjiInvest and rest of Rs 28 crore from IFCI Venture Capital Funds to achieve his objective.

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