New York - Amidst merger talks between struggling US auto leader General Motors and the third-largest US automaker Chrysler, the Wall Street Journal reported Monday that up to 40,000 jobs could be sacrificed in the deal.

The report quoted unnamed insiders.

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.