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Fiat takes majority control of Chrysler
Fri, 03 Jun 2011Fiat S.p.A. will pay $500 million for the U.S. government's 6 percent stake in Chrysler Group.
Jaguar Land Rover: Tata to double annual investment to £1.5 billion
Wed, 22 Feb 2012Tata to double investment in JLR Tata Motors has revealed that it plans to double annual investment in Jaguar Land Rover (JLR) to £1.5 billion. Just last week we reported that Tata Motors’ profits in the last quarter had been driven very much by the resurgence at Jaguar Land Rover, with JLR profits soaring while Tata Motors domestic profits declined. And it looks like Tata are keen to keep that momentum going with the announcement that they are to double annual investment in Jaguar Land Rover to £1.5 billion.
Tata Nano bounces back
Mon, 03 Jan 2011Tata Nano Sales recovered well in December The Tata Nano was going to be the car that changed the world. Not since the Model T brought motoring to the masses was there a car that was going to change the game so drastically, with a list price in India of just £1750 and plans to bring the Tata Nano to Europe with a sub £5k tag, the Nano was going to be a revolution. Things started well, with Tata having to organise a lottery to allocate the Nano to buyers, such was the demand.