Daimler AG, the owner of Mercedes-Benz, has sold their 5.34% stake in the Tata Motor group, and this ends a relationship of over fifty years. The firm said that they sold their 25.6 million shares for about €300 million of cash earnings before interest and taxes. “Daimler is today in an excellent position to capitalize on the growth potential of the Indian passenger...

Tata has used the Geneva Motor Show to unveil their Nano EV, a new variant of the cheaper which is based on the original platform. The Nano EV will boost electric sales for the company, and then fall in line behind the Indica Vista EV. Mr. Ravi Kant, Vice Chairman, Tata Motors, said, “Electrification will be an integral part of our initiative to launch environment-friendly...

The Tato Nano is expected in the United States where it will be smallest, and most affordable city car around… Or so they say. Recent reports around the car state that the pricing for the Nano will be slightly above the original expected price of $2,500. Warren Harris, Tata’s spokesman said “The structural changes that would need to be made, the changes that...

Tata has announced plans to debut the Nano in the United States. The aim is to create a stir about the car when it is on show in Detroit, from Thursday. The Tata brand has said that the Nano will hit the US shores during 2011 and it will be in full American specification. The model on show will be of Indian standards, and no — this does not mean that it will fall...

DC Design, an Indian design house, has done something quite unusual with the Tata Nano. For those that love the design but hate the performance, you’ll be happy to know that DC Design shares the same brainwave. The design house has created a modified Nano with a 200km/h top speed and that is about double the speed of the standard model. The 200km/h Nano will not...

Tata has said that they are looking for someone to walk in the footsteps of 71-year old chairman, Ratan Tata. The company said that they are considering local and also foreign candidates for the head position. The selected candidate will have to run Tata Motors, Tata Steel, Tata Consultancy Services and Tat Power. “We are in the process of formalising a successor...

The Nissan and Renault CEO, Carlos Ghosn said that the automobile group is planning to create a cheaper Tata Nano rival. The CEO revealed that these companies will partner with another Indian brand in an attempt to top the cheap/small car market. Carlos Ghosn said that the ‘ultra low-cost car’ will be design by both Renault and Nissan, where it will...

Tata’s Nano will soon be rebadged and resold by other automakers. Tata Vice Chairman Ravi Kant has hinted that the automaker might allow other companies to build and sell the Nano under a different name. “We call it Nano, they don’t have to,” he said according to a report by the Business Standard. At this point in time, Tata has sold over...

Reports from India start that the Tata Nano has a wiring problem which might cause the car to burst into flames. To this day there has been three fires in different Nano’s, and they all started in the steering column. Thankfully there have been no injuries, however there was one case where a customer refused to let Tata inspect the car. Instead of letting...

Tata Motors has said that they are planning to boost production of their Nano. The report comes from a senior officer named Rajiv Dube. “In the last three months, we have been averaging about 2,500 Nano’s per month,” said Rajiv Dube, head of the company’s passenger car business. ”We are gearing up for a higher number and we are ramping up our production...