And here I was, staring down at the front end of this clothed-in-yellow SUV which I so desperately wanted. I am an avid off-roader and want something that can really handle to tough terrain well. The pocket, however, isn’t deep enough to even realistically think about things called Pajeros or Prados. This got me thinking. Read the rest of this entry »
Archive for the 'Tata' Category
Tata Motors 2nd Quarter Result for FY 08-09
Posted by automobz on November 5, 2008
Tata Motors reported a 6.1% increase in revenues (net of excise) to Rs.7078.85 crores for the quarter ended September 30, 2008, compared to Rs.6672.65 crores in the corresponding quarter last year. Profit before Tax (before notional loss on foreign exchange valuation) was Rs.643.03 crores, an increase of 8.9%, compared to Rs.590.34 crores in the corresponding quarter last year. After considering notional exchange valuation loss of Rs.285.02 crores (compared to a notional gain of Rs.30.85 crores in the corresponding quarter last year) reflecting the volatility in foreign exchange rates impacting the company’s long-term funds raised through issue of Foreign Currency Convertible instruments. Read the rest of this entry »
Posted in Automotive Industry, Automotive Sales, Cars, Indian Cars, News, Press Release, Tata | Tagged: Car Industry, Tata, Tata Indica, Tata Motors, Tata Nano, Tata Profits, Tata Sales | No Comments »
Tata Nano to roll out from Gujarat
Posted by automobz on October 8, 2008
Tata Motors today announced that the mother plant for the Nano will be relocated to Sanand in Gujarat.
The company had received overwhelming support from several states for relocating the plant. After examining various sites in these states and carefully evaluating offers from the respective governments, the company has concluded that the site at Sanand and the offer from the Gujarat Government is in the best interest of the project. Read the rest of this entry »
Posted in Automotive Industry, Cars, Indian Cars, News, Press Release, Tata, Upcoming Cars | Tagged: Nano, Nano India, Nano project, Singur, Tata, Tata India, Tata Motors, Tata Nano, Tata Nano India, Tata Singur | No Comments »