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Thursday, 20 September 2007

Tata Elegante unveiled at Geneva Auto Show
Tata’s concept car - the Elegante sedan was unveiled at the 2007 Geneva Auto Show. The design-sophisticated Elegante is larger than the Tata Indigo sedan. It may come with an Inline-4 cylinder transverse petrol or diesel engine, or even a powerful V-6 engine.

Tata Motors, India's largest automobile company, is the only Indian automobile company to participate in the Geneva Auto Show regularly for the last 10 years. It was in the 1998 Geneva Auto Show that Tata unveiled the Tata Indica, which turned out to be quiet a success on Indian roads.

The diesel version of the new luxury sedan would come with a common rail direct injection turbo diesel engine with variable valve timing and capabilities to comply with Euro V emission norms. It will meet all European safety, crash-worthiness, and emission standards.The Tata Elegante features include a satellite navigation system, cruise control, integrated Bluetooth compatibility, heated mirrors, rain sensor, and front and rear parking sensors. Tata will also incorporate several of the design cues of Elegante in the forthcoming generation of Indica and Indigo cars.

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Wednesday, 25 July 2007

The Juicy Jaguar and Land Rover Bid
Many companies have shown interest in buying the Jaguar and Land Rover brands from the Ford Motor Company. Private Equity firms in the US, such as Cerberus, which recently acquired Chrysler from Daimler, is one of the bidders in this race. One Equity and Ripplewood Holdings are other such private firms showing interest.

The surprise in this fray, for India, has been the interest shown by two of its top automobile companies – Tata and Mahindra&Mahindra. Tata Motors recently acquired an Anglo-Dutch steel company and is definitely one of the strong bidders for these Ford offerings. The proverbial Ford shortlist seems to have included both these firms as possible future owners of the Jaguar and Land Rover brand.

Every party concerned is being very tight-lipped about their various interactions and roles in the proceedings. One thing is for sure – the next time someone wants to buy a Jaguar or Land Rover, it could be from an Indian car manufacturer. What a leap for the Indian automobile sector!

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