British Government grants 10-million-pond loan for Tata Motors's 'green' carSeptember 19th, 2009 LONDON - The British Government has announced a 10-million-pound loan to Indian carmaker Tata Motors for the electric car-manufacturing project in the UK. The loan, part of a scheme backing low-carbon technology in the motor industry, will support a 25 million pound investment by Tata Motors in its West Midlands base, The Scotsman reports.
He got Nano car but lost keys!July 17th, 2009 MUMBAI - Ashish Balakrishnan's dream came true and then almost turned into a nightmare Friday evening. He now owns a Nano car but has lost its keys.
Tata Nano makes showroom debut in HyderabadJuly 14th, 2009 HYDERABAD - Tata Motors on Tuesday rolled out the first commercial consignment of Nano, regarded as the World's cheapest car to be showcased at Hyderabad on Tuesday. "The first consignment has come to Hyderabad.
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 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.
Tata motors announce first 1,00,000 Nano buyersJune 23rd, 2009 MUMBAI - Tata Motors on Tuesday announced the first 1,00,000 lucky buyers of the popular small segment car 'Nano', and said that the names have been selected through a random computerised process. "Tata Motors once again places on record its gratitude to the people of India for according such a warm welcome to the Tata Nano, as also to all its preferred financiers, dealers and partner companies for their stupendous effort in helping the company launch the Tata Nano," a statement released by the company said.
Tata Motors, Bank of India tie up for Fiat car financeJune 15th, 2009 CHENNAI - Tata Motors has entered into an understanding with Bank of India for financing Fiat cars that are sold through the Tata-Fiat dealer network, the auto major said Monday. As per the agreement, customers can avail of special interest rates ranging from 9.75 percent to 10.25 percent on loans up to Rs.10 lakh for all Fiat models, including the forthcoming Grande Punto, Tata Motors said in a statement.
Tata Motors net falls 51 percentMay 30th, 2009 MUMBAI - Tata Motors Ltd, India's automobile major reported a smaller-than-expected 50.7 percent drop in the annual profit while sales picked up in the March quarter and raw material prices fell. This was disclosed by C Ramakrishnan, Chief Financial Officer of Tata Motors, at a press conference here on Friday.
Prakash Telang new managing director of Tata MotorsMay 29th, 2009 MUMBAI - Auto major Tata Motors has appointed Prakash M. Telang as its managing director, while the incumbent Ravi Kant will continue as non-executive vice chairman, the company said Friday.
Tata extends deadline on Jaguar Land Rover bridge loanMay 28th, 2009 NEW DELHI - Passenger and heavy vehicle manufacturer Tata Motors has extended the maturity deadline on a bridge finance of $1 billion raised for financing the Jaguar Land Rover (JLR) deal struck in March last year by 18 months till Dec 31 2010, the company said in a statement Thursday. This transaction was concluded amidst challenging market conditions in the global credit market and in the automotive sector.
Virtual test drive for Tata Nano a big hitApril 21st, 2009 NEW DELHI - Though the physical test drive option for the world's cheapest car Tata Nano is not available, its online alternative attracted over 1.2 million users in the last one month. Tata Motors, in association with Reliance-Anil Dhirubhai Ambani Group (R-ADAG)-owned Zapak.com, launched the online game based on the Nano March 23 which would enable the user to drive around the virtual small car on his desktop.
Small car draws long queues as bookings start for Tata NanoApril 9th, 2009 NEW DELHI - Tata Motors showrooms across the country witnessed heavy footfalls Thursday as thousands of people queued for application forms to book their much-sought Nano, the jellybean-shaped small car. Delhi, which has over 15 Tata Motors outlets, witnessed more than 7,000 eager customers rushing to book the 'people's car' at the opening of the 17-day booking period.
People throng Tata showroom in Haldwani to have glimpse of 'Nano'April 6th, 2009 HALDWANI - People in large numbers are flocking to Tata showroom at Haldwani in Uttarakhand to have a glimpse of the world's cheapest car Tata 'Nano'. "It is a marvelous car.
Nano to be launched March 23February 26th, 2009 KOLKATA - Global auto major Tata Motors Thursday announced that the much-awaited Tata Nano will be launched in Mumbai March 23. Tata Nano is world's cheapest car priced at around Rs.100,000.
Tata Motors wins Rs.22-bn contract for Delhi city busesJanuary 28th, 2009 NEW DELHI - Auto major Tata Motors has bagged a contract worth Rs.22 billion (Rs.2,200 crore) from the Delhi Transport Corp (DTC) to supply 1,625 low-floor buses and maintain them for 12 years, the company announced Thursday. The contract comprises about Rs.9 billion for the supply of buses and Rs.13 billion for their 12-year maintenance, Tata Motors said in a statement.
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