Beleaguered General Motors today said it will acquire its strongest operations, including the Indian business, once the company steers itself out of bankruptcy. General Motors, which went bankrupt on June 1, has...
M&M, Caterpillar in engine JV talks
Automobile and farm equipment major Mahindra & Mahindra (M&M) is in advanced stages of talks with US-based construction equipment maker Caterpillar for a 51:49 joint venture, which will make engines for the US...
UK govt-JLR talks back on track
The British government has said that it is in discussions with the Tata Group-owned luxury carmaker Jaguar Land Rover (JLR) on guaranteeing loans. While making it clear that the primary financial responsibility of the...
Fiat steps up efforts to acquire stake in Opel: Reports
Italian car maker Fiat SpA, which is in the process of acquiring the US automaker Chrysler, has intensified its efforts to acquire a majority stake in General Motor’s German unit Opel, a move which may lead to...
Vectra Group forms joint venture with Kamaz
The joint venture between the Vectra Group and the Russian truck maker Kamaz Inc expects to get a 10 per cent share of the heavy duty truck market in India and plans to export at least 20 per cent of its production to...
Suzuki Motor denies tie-up talks with Toyota Motor Corp.
Suzuki Motor Corporation, promoters of Maruti SuzukiBSE -1.86 %, has denied any alliance with bigger rival Toyota Motor Corp, but said the world’s largest carmaker taking 100 per cent control in small vehicle...
Suzuki Motor denies report on Toyota tie-up talks
Suzuki Motor Corp said on Wednesday it was not discussing a tie-up with Toyota Motor Corp , denying a Nikkei business daily report that the Japanese automakers were exploring a partnership that may include a cross...
Google, Ford in talks on self-driving car partnership
Google and Ford Motor Co are in talks about forming a partnership to develop autonomous car technology, a person briefed on the matter said on Tuesday. The extent of a partnership between the second-largest U.S...
Buy VRL Logistics, Tata Motors, PTC India: Anand Rathi
VRL LOGISTICS : BUY TARGET: Rs 457 STOP LOSS: Rs 417 It has been making higher highs – higher lows from last five trading sessions and showing strength to head towards its life time high territory. It has crossed...
