General Motors to increase factory output in response to increasing demand for vehiclesSeptember 22nd, 2009 General Motors to announce production increaseDETROIT — A person briefed on General Motors Co.'s plans says the automaker will announce a significant increase in factory output on Tuesday. GM spokesman Chris Lee would not comment but says the company will hold a conference call with manufacturing head Tim Lee and sales chief Mark LaNeve on Tuesday afternoon.
GM to start marketing campaign by offering money-back guarantee pitched by new chairmanSeptember 10th, 2009 General Motors kicks off new marketing campaignGeneral Motors kicks off a marketing campaign next week pitched by its new chairman and featuring a money-back guarantee — unsatisfied car buyers can get a full refund within two months. The new marketing effort — announced Thursday — is called "May the Best Car Win" and aims to win back customers leery of GM since it filed for bankruptcy protection earlier this year.
Opel Trust approves sale of majority stake of GM European unit opel to Magna, SberbankSeptember 10th, 2009 Trust approves GM deal of Opel to Magna, SberbankBERLIN — The Opel Trust has given its approval for the sale of General Motors Co's European unit Opel to a consortium of Magna International Inc. and Russian lender Sberbank.
GM sees US auto sales growing by 2 million in '10, boosted by consumer confidenceAugust 28th, 2009 GM sees US auto sales growing by 2 million in '10NOVI, Mich. — An executive with General Motors said Friday the company sees U.S.
GM to drop "Mark of Excellence" logo from its vehiclesAugust 26th, 2009 WASHINGTON - General Motors Co. plans to remove its GM "Mark of Excellence" from all models launched by the company in the future.
GM to remove "Mark of Excellence" logo from vehicles as focus shifts to 4 core brandsAugust 25th, 2009 GM to remove "excellence" mark from vehiclesDETROIT — General Motors Co. will begin removing its "Mark of Excellence" logo from vehicles as the company places greater emphasis on its individual brands.
Niko announces gas discovery at Reliance Mahanadi blockAugust 14th, 2009 NEW DELHI - Canada-based Niko Resources has said it has found natural gas in the offshore Mahanadi basin block that it is jointly exploring with Reliance Industries Limited (RIL). At NEC-25, the AJ2 well discovered gas, Niko announced in its quarterly report for the period ending June 30.
After Nano, Tata launches luxury Jaguar, Land RoverJune 28th, 2009 MUMBAI - Three months after launching Nano, the world's most inexpensive family vehicle at the Rs.1 lakh, Tata Motors Sunday launched here the iconic Jaguar and Land Rover cars, to cost between Rs.63 lakh and Rs.92 lakh in India. Tata Motors chairman Ratan Tata said initially, three Jaguar and two Land Rover models would be available in the country.
Tata Motors launches Jaguar, Land Rover in IndiaJune 28th, 2009 MUMBAI - Tata Motors, one of India's top automobile manufacturers, launched its Jaguar, Land Rover brands in India on Sunday. Addressing a press conference here on the occasion, Ratan Tata, the chairman of the Tata Group, said: "It's quite a memorable day in the history and heritage of Tata Motors...JLR has been well received and well established in India (in the past), but over the years this brand has been disconnected from India."
"I think, the cars will exhibit the levels of technology and levels of performance here.
Jaguar, Land Rover models launched in IndiaJune 28th, 2009 MUMBAI - Nearly 16 months after acquiring the iconic Jaguar and Land Rover brands, Tata Motors formally launched the luxury cars in India here Sunday. Tata Motors chairman Ratan Tata said initially, three Jaguar and two Land Rover models would be available in the country.
Tata Motors posts Rs.2,505 crore lossJune 26th, 2009 MUMBAI - Leading vehicle maker Tata Motors has posted a huge loss of Rs.2,505.25 crore ($520 million) in 2008-09 as against a profit of Rs.2,167.7 crore recorded the year before, thanks to the global slowdown and losses made by its British unit. Its turnover, however, almost doubled to Rs.70,938.85 crore last year from Rs.35,660.07 crore in 2007-08, the company said in a statement.
General Motors CEO Henderson says automaker will be leaner, quicker after bankruptcy courtJune 1st, 2009 GM CEO says reinvented company will be lean, quickNEW YORK — General Motors CEO Fritz Henderson says the new GM will be a leaner and quicker company that's more focused on its customers and its products. Henderson spoke Monday at a news conference in New York after the fallen icon of American industry filed for bankruptcy protection.
Tata Motors launch new range of trucksMay 29th, 2009 MUMBAI - Tata Motors, India's leading manufacturer of both heavy and light automobiles, launched a new line of trucks, named 'World Truck' here on Thursday. The launching of the new series of trucks also marked the company's objective to bring international standard top quality trucks in the Indian market.
Tata Motors to hike wages despite slowdownMay 18th, 2009 KOLKATA - Auto major Tata Motors Monday said it would hike wages of its employees this fiscal despite the effects of the slowdown, though the increment may not be in tune with that of previous years. 'There are companies that haven't raised wages this year but we are definitely looking at giving wage increases,' Tata Motors human resource vice-president S.J.
Jaguar Land Rover to make India debut this yearMay 1st, 2009 MUMBAI - Tata Motors-owned British luxury car maker Jaguar Land Rover (JLR) is set to launch its premium brands in the Indian market later this year, the company said in a statement Friday. 'We are delighted to be formally entering the Indian market, an economy which is still growing appreciably, and able to offer our premium products to a whole new group of customers,' a JLR statement said.
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