'Four years after paying $2 billion to extricate itself from a partnership with Fiat, General Motors is seeking a stake in the Italian automaker in exchange for its Latin American and European operations,' The New York Times reported. It said GM is eager to cede control of its money-losing Opel unit in Germany. 'But Fiat has also expressed interest in GM's other European operations as well as its historically profitable Latin American business,' the report noted.
A 96-year-old woman, Homai Vyarawala from Vadodara has sold her 55-year-old original Fiat car to buy the Tata Nano.
Ferrari Italy is planning to bring its luxury moder Ferrari in India, in a bid to enhance its brand image.
Italian car maker Fiat is in talks to acquire 35 per cent stake in ailing American auto major Chrysler, says a media report.
China's biggest carmaker, which own brands like Maxus, MG, Roewe and Yuejin, plans to invest $1 billion in India manufacturing unit, reports Swaraj Baggonkar from Mumbai.
Slowdown in vehicle demand also behind decision.
WR-V has been launched at a starting price of Rs 775,000 and is available in two trims: S and VX.
Tata now occupies the fourth slot with the incremental volumes from the Tiago
The company on Friday rolled out the Linea from the plant at Ranjangaon near Pune in Maharashtra, from where production of the car began. The company also announced major export plans for its seven-year-old model Palio, being manufactured at the car assembly and powertrain engines plant at Ranjangaon.
'With the appeal of both the Left and the Congress fading, Banerjee fears the saffron brigade's inroads into her citadel,' says Sunanda K Datta-Ray.
It may be the season for corporate matchmaking but India Inc's record of managing partnerships is far from impressive, says Shailesh Dobhal.
Moments that show it's an odd, odd world we live in.
Chevrolet loses India on the map Why did GM's iconic all American brand mess up its chances in one of the fastest growing automobile markets?
Most successful and ambitious business leaders feel persuaded that they have no competent successor, says R G Vilakudi.
"We will launch the CNG variant of the Palio by early next year," Fiat India President and CEO Rajeev Kapoor told PTI on Wednesday. The car is currently available in both petrol and diesel variants. The company has also planned a slew of car launches in the next 12 months starting with the introduction of '500' next month.
The Italian car giant surprised the recession-hit global auto industry with an announcement that it is bidding to take over the GM's struggling Opel brand to consolidate its global base. Though Fiat entered India almost six decades ago, it is facing rough competition from car manufacturers from Japan and South Korea. It tied up with Tata Motors for building a manufacturing plant near Pune to increase its supply capacity in 2007.
The Tata-Fiat joint venture is looking at catering to the global demand for engines through its Ranjangaon plant.
"We are studying the feasibility of various Alfa Romeo models for the Indian market. If at all the car is to be launched, it will happen only in the last quarter of 2008," Kapoor said. He, however, did not name the models nor their respective price-tags.
Fiat is riding the New 500 wave across Europe since its July 2007
Italian auto major Fiat Auto has asked Rajeev Kapoor, the newly appointed president and CEO of Fiat Auto India Automobiles, to take charge of the Indian operations after managing director De Filippis Giovanni's recall from the position about a week back.
The Italian car company Fiat's much-awaited launch of the year, Grande Punto hatchback, which is expected to take on Maruti Suzuki's Swift and Hyundai's Getz, will not be priced close to the two models.
"Tata Motors, which is engaged in focused and detailed negotiations with Ford on the Jaguar Land Rover business, clarifies that the company has had no discussions with Fiat on deployment of technologies developed by Jaguar and Land Rover," the Mumbai-based company said in a statement.
Marchionne writes off Ferrari's season of failure
Tata Motors is likely to team up with its Italian partner Fiat to develop products jointly.
The Tata-Fiat combine's plant at Ranjangaon, Maharashtra, may see huge capacity additions as new models line up to go under production at the site.
7 Things You Need to Prepare Your Car/Bike for Monsoons
Car maker Fiat India has sold its property in Kurla (Mumbai suburb) to IKG Associates for Rs 608 crore (Rs 6.08 billion). IKG is an affiliate of the financial services company IL&FS. The Italian car maker had received bids for the 53 acre plot from leading developers over the past few months.
The three companies would jointly invest in setting up a manufacturing unit at Manesar in Haryana, expected to be operational by end of calendar year 2008. The facility, when fully operational, would have a capacity to produce five lakh units per annum, MSIL said in a statement.
38-year-old Zahir Shaikh from Pune shares his special story of friendship.
Just like the Zest and Bolt, the Tata Tiago has also got the ride handling balance spot-on. The suspension has a mature set-up and does a fine job on the pothole ridden Mumbai roads
Leading property developers have made offers for this prime property, which real estate industry sources suggest could fetch Fiat more than Rs 300 crore (Rs 3 billion).
The Baleno is a runaway hit for Maruti Suzuki with delivery wait extending to six months.
Tata Motors on Friday announced its partnership with Italy-based Fiat Auto Spa.
The Supreme Court on Thursday asked the CBI to go ahead with its probe in the Aircel-Maxis deal without waiting for necessary sanction against an official "holding high position" in connection with irregularities in the case arising out of 2G scam.
India has been selected as Fiat's manufacturing hub for right-hand drive versions of the Linea sedan.
Fiat India on Thursday said it would resume production at its plant at Kurla, Mumbai after suffering heavy damages during the monsoon floods.\n
For four decades, Fiat was the only well-known car brand in India other than Ambassador. What's more, while Ambassador was for the officialdom and families, Fiat was the car of the yuppie, forward-looking folks. So strong was the brand name that it did not get diluted even though the badge changed to Premier as far back as 1973.
A faster processor and dual-lens camera make it a winner, says Abhik Sen.
Annual capacity will be in excess of 100,000 cars.
The government has provided no official explanation behind the note ban that is backed by hard data, says Debashis Basu.
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