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Auto Industry News
Tata's Nano catches world's most powerful man's eyes President Barack Obama, who heads the world's richest economy, today checked out the world's cheapest car - Nano. No sooner the powerful US couple was introduced to Ratan Tata, who heads the $72 billion conglomerate, President Obama told the first lady Michelle that this is the person who created the $2,500 wonder car. The Nano goes upmarket Eyewitnesses said that Michelle immediately expressed the
Auto industry expects slower growth at 18-20%
After reporting a 27.3 per cent rise in domestic automotive sales in the first half of the current financial year, the Society of Indian Automobile Manufacturers (Siam) expects growth in the
Backseat driver
Corporate VC: The auto industry is moving forward. Just look at the successful public listing of electric car maker Tesla Motors. General Motors wants to innovate too. It has
Tata for JLR: Resurrection after the rescue
Prepares map for more flexible, lower breakeven, self-sustaining brands.
Toyota taken aback by swift response to Prius hybrid
The Toyota Prius hybrid, the world’s largest selling one, has caught the imagination of environment-friendly and deep- pocketed Indians in just three months of its debut on Indian roads. |
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