Tractor maker Sonalika on Tuesday entered into technical alliances with British automaker MG Rover and engine manufacturer PowerTrain to produce multi utility vehicles and diesel engine components, respectively.
Tata Engineering and Locomotive Company Ltd said on Friday it has agreed to supply its homegrown Indica hatchback cars to the UK's MG Rover Group, to be sold under the Rover brand in Europe.
British automaker MG Rover and auto component manufacturer PowerTrain would set up manufacturing units in collaboration with tractor maker Sonalika in Himachal Pradesh
The MG Cyberster, an electric sports car, was launched in Mumbai, March 20, 2024.
Tata Sons has the balance sheet to support them, for now.
Tata Motors on Tuesday rolled out the first batch of CityRover cars, to be marketed by MG Rover in the highly competitive United Kingdom and European markets.
British automaker MG Rover, which sells Tata Motors' compact car Indica in the United Kingdom and Europe, on Tuesday said it was looking at marketing other vehicles from the Tata stable and more similar tie-ups as well.
Nanjing Automobile Corporation, the Chinese owner of the failed British MG Rover torque, is set to revive the famous brand in China with the government approving the package, the state media reported on Monday.
Luxury carmakers are shifting into high gear with a mix of product launches, personalised experiences and lifestyle-led engagement.
The country's leading commercial and passenger vehicles manufacturer Tata Motors Limited on Tuesday ruled out the possibility of looking for a new partner in the UK after the tie-up with MG Rover Group snapped.
A deep split has emerged within India's auto industry over the proposed CAFE exemption for small cars, with only Maruti Suzuki and Renault backing the move in the final SIAM vote.
Tata Motors has bagged an order from Britain's MG Rover to export 100,000 units of the hatchback car City Rover over four years, with the first consignment slated to reach Birmingham any day, the Sunday Times reported.
Tata Motors' successful B segment car Indica is to hit the British roads very shortly under an export agreement with MG Rovers, United Kingdom.
Phoenix Venture Holdings Ltd, the owners of MG Rover Group, will distribute Tata Engineering's "Safari off-roader" and "Loadbeta pick-up" trucks in the UK and Irish markets
Sonalika Group on Wednesday unveiled its two-litre multi utility vehicle 'Rhino' with an entry-price of Rs 5.45 lakh and said it has offloaded 20 per cent stake in its subsidiary International Cars and Motors Ltd to Citibank.
Tata Motors (TaMo) is aiming to gain market share across its passenger vehicle (PV) and commercial vehicle (CV) businesses - targeting a 40 per cent share in CVs and a 16 per cent share in PVs by 2027. Meanwhile, it has already achieved earnings before interest, tax, depreciation, and amortisation (Ebitda) breakeven in its electric vehicle (EV) business at 1.2 per cent (up 830 basis points), ahead of its target of 2025-26 (FY26).
Tata Motors Ltd, which has just emerged as the number two passenger vehicles company in the country, said on Friday
For the first time, the event will take place across three locations in Delhi: Bharat Mandapam at Pragati Maidan, Yashobhoomi Convention Centre at Dwarka, and India Expo Mart at Greater Noida.
Chandrayaan-3 mission's rover 'Pragyan' has traversed a distance of about eight metres on the lunar surface, and its payloads have been turned on, ISRO said on Friday.
Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. This coincides with the Reserve Bank of India (RBI) recently citing a double-digit growth in private capital expenditure. Healthy balance sheets of banks and corporates, along with increasing capacity utilisation and improving business sentiment, are contributing to a favourable environment for sustained growth in private sector investments, the RBI said in its policy last week.
Every M&M car shares a certain DNA which is rugged, with an off-roading quality and built for hard wear and tear. The XUV is all those, but also has a smoother edge for those who want city comfort now offered in competitor vehicles such as the MG Hector, Hyundai Creta, Volkswagen Tiguan and Tata's Harrier, says Pavan Lall.
However, notable absentees from the expo will be Honda, Toyota, Ford, BMW, Audi, Lexus, Volvo and Jaguar Land Rover along with two-wheeler majors Hero MotoCorp, Bajaj Auto and TVS Motor Co.
The challenges of transition to stricter emission norm BS-VI from BS-IV and compliance to new safety norms thereby making vehicles costlier are lurking around the sector.
The WPI inflation stood at negative 2.4% in May 2015, compared with a negative 2.65% in April 2015.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
