Monday, August 25, 2008

Nano plant protests may cause Tata to reconsider



Fueling speculation that the Tata protests last week may have been much more effective than originally reported, India's Tata Motors Ltd has said it will move the upcoming Tata Nano plant from its planned eastern India location if the violent protests don't end. The tension is between the industry that is pushing for the 1,000-acre plant and the farmers who wish to retain the land for agricultural use. After the unveiling of the plant in January, which was hailed by the state's ruling Communists, the protests have been gathering steam. It eventually led to the violent clash last week as more than 1,000 people marched against the planned facility. The announcement from Tata Motors is significant as the company has invested more than 1,500 crore rupees ($350 million) in the project so far, and there is no alternate plan to replace the facility at Singur (although the Nano is going to be manufactured at other plants, as well). In addition, other manufacturers who are expanding into India (including Nissan, Renault, GM, and Hyundai) are watching the unfolding events very closely as they plan their next moves.

[ Via: Automotive News ]
[ Tag: Communists, Crore, Farmers, India, Protests, Rupees, Singur, Tata, Tata Motors Ltd, TataMotorsLtd, Violence ]

Thursday, August 21, 2008

Police and protestors clash at future site of Tata Nano plant


Raze 1,000-acres of farmland to build an automobile factory, and somebody is going to protest. Even in India. The automaker is Tata, and the protesters numbered at least 1,000 strong as they went head-to-head against police in eastern India yesterday at the future manufacturing site of the Tata Nano (rumored to be the world's cheapest car at just $2,380). The protests are rooted deeper than just "open space" issues. In fact, the real tension is between India's ruling party, and the communist-run government in West Bengal where the plant is to be located. The farmers are unwilling to part with their agricultural livelihood, while the government continues to promote industry. After blocking a highway for a few hours, the stick-wielding protesters were dispersed without injuries. Once again, progress wins out over pastures.

[ Via: Automotive News ]
[ Tag: clash, factory, farmland, manufacturing, plant, police, protests, riot, tata nano, tata nano successor, TataNano, TataNanoSuccessor ]

Tuesday, August 19, 2008

Mahindra not interested in HUMMER


Despite assurances from top GM brass, every bidder for the troubled HUMMER brand appears to be removing itself from the rumormill. Considered one of the strongest suitors interested in the off-road marque, India's Mahindra is the latest brand to pull out of consideration. According to Vice Chairman Anand Mahindra, "There has been a lot of speculation. I want to say categorically we are not pursuing HUMMER." That sounds pretty definitive to us, leaving Tata Motors as the only company from India still reportedly interested. Russian billionaire Oleg Deripaska has pulled his name out of the mix, as has China's Hunan Changfeng Motor Co. Until an official announcement is made, all of this is just speculation, but we have to wonder just how valuable the HUMMER brand could possibly be now that its sales have plummeted so far and so fast.

[ Via: Automotive News ]
[ Tag: hummer, hummer bidders, hummer sale, HummerBidders, HummerSale, hunan changfen motors, HunanChangfenMotors, mahindra, oleg deripaska, OlegDeripaska, tata ]

Tuesday, August 12, 2008

Jaguar XFR to debut in Detroit


The Jaguar XF has been a shot of adrenaline for the perpetually struggling leaping cat, as sexy lines and ample performance are adding new customers to the brand. We love the balance of the naturally aspirated V8 and the ample bite of its supercharged sibling, but we'll always be agreeable with the prospect of more power. Spy photos have shown us that an even more vicious feline is on the horizon with a blown 5.0L V8 that cranks out north of 500 ponies.
The folks over at Auto Telegraaf are reporting that the XFR will be unveiled at the Detroit Auto Show next January, which would give Jaguar a big introduction at North America's biggest auto show. We liked what we saw when the XFR made its cloaked debut at the Goodwood Festival of Speed (that graphic on the side should so be an option), and we're looking forward to seeing Tata's most powerful vehicle when it hits Detroit.

[ Via: Auto Telegraaf ]
[ Tag: Jaguar, Jaguar XF, JaguarXf, supercharger, tata motors, TataMotors, XFR ]