Country's largest automobile company Tata Motors on Thursday said industry would grow at modest pace only in the second quarter of this fiscal owing to rising lending rates and fuel costs.

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Economic Times

The race between General Motors Corp and Japanese rival Toyota Motor Corp to produce a rechargeable car is meaningless because the companies' vehicle designs are so different, GM's top product executive said Thursday.

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Economic Times

More than 200 construction workers and engineers of Tata Motors car project here were stranded inside the plant as their exit route was blocked by activists of anti-farmland acquisition group led by a social activist.
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Economic Times

General Motors Corp plans to launch a new small car in India in the second half of 2009, but has no plans to take on Tata Motor's low-cost Nano, its India head said on Thursday.
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Economic Times

The end-user industries of steel products like the consumer and auto industry have been grappling with surging costs of this input, even though the steel industry has given assurances to the government that it is holding prices of steel.
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Economic Times

When West Bengal chief minister Buddhadeb Bhattacharjee working hard to pursuade Ratan Tata not to pull out their 'Nano' factory from Singur, a local employees' body here wrote to Tata for setting up the project in Ratlam.
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Economic Times

A day after Tata Group chairman Ratan Tata left it to the people of West Bengal to come clear whether they wanted him in West Bengal, farmers at large rallied behind the car factory in Singur, despite their hardship.

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Economic Times

With Tata Motors, Fiat, Honda, Toyota planning a slew of launches this year, top dealers, too, are going in for an image overhaul. Out of 200-odd Tata dealerships across the country, only 65 are Tata-Fiat combined dealerships.
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Economic Times

Andhra Pradesh chief minister YS Rajasekara Reddy has made a formal proposal for hosting the Tata’s Nano project in the state two days after Tata Motors chairman Ratan Tata threatened to walk out of West Bengal over continued violence in Singur, the present site of the project. The Andhra Pradesh government has indicated that land for the project is available on the outskirts of Hyderabad, Visakhapatnam, Kakinada or Naidupet near Guntur.
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Economic Times

Cars, trucks, two wheelers, buses and auto component makers who had lined up investments adding up to some Rs 80,000 crore for 2008-2010 are delaying their expansion plans. Falling sales have pushed automobile companies to a corner leading a two-wheeler to even cancel its plan for a second manufacturing plant....

Economic Times