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Mahindra buys majority stake in Reva

May 27, 2010 goaonwheels 0

Mahindra and Mahindra have bought a majority stake in Bangalore-based Reva Electric Car to strengthen its position in the low-emission electric auto market. Mahindra, India’s largest sports utility vehicle and tractor maker, bought a 55.2 […]

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Bajaj-KTM bikes to cost over Rs. 1 lakh

May 25, 2010 goaonwheels 0

Bajaj Auto is jointly developing with Austria’s KTM, plans to launch a model in 2011. “The product…will first be launched in Europe and then in India, sometime during the next financial year,” S. Sridhar, chief […]

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Tata Motors launches Tata Indigo e-CS

May 20, 2010 goaonwheels 0

Tata Motors commercially launched its all new Tata Indigo e-CS, the most fuel-efficient sedan in the country, with a host of exciting features. Built on the existing Tata Indigo platform, the Tata Indigo e-CS succeeds […]

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Foton plans vehicle plant in India

May 20, 2010 goaonwheels 1

Major Chinese truck maker Beiqi Foton Motor Co, a Daimler AG partner, is considering building a manufacturing plant in India, making 100,000 vehicles annually. “Beiqi has set up a special team for the India project […]

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