Toyota could launch a new variant of Prius next year
Industry sources claim that Toyota is working on a new variant of Prius which would be bigger than the current model.
This new version could be a station-wagon or even a sports utility model and it would come with a larger battery with higher capacity. [...]
Ajanta aims to launch a cheap car in India
Ajanta is known for their clocks and home appliances.
The company is now aiming high as they are now working on plans to launch a cheap car in the Indian market!
Ajanta is considering acquiring an electric car manufacturer in China.
This would provide them the [...]
Reva might assemble cars in USA
Reva Electric Car Company could soon become the first automaker from India to make its cars in the USA.
Reva is considering setting up an assembly unit in New York for their new model NXR.
They are going to work on this project in collaboration with Bannon Automotive.
A company insider was quoted [...]
Jeep Cherokee could soon arrive in India
Market sources say that Jeep Cherokee could soon arrive in the Indian market.
Tata Motors could sell this model through their collaboration with Fiat which now owns a stake in Chrysler.
Jeep Cherokee could be assembled at the company’s plant in Ranjangaon near Pune.
It remains to be [...]
Hero Group could launch cars in India with Proton
Hero Group is said to be in talks with Proton Holding of Malaysia to manufacture small cars for sale in the Indian market.
Industry reports claim that the talks have been going on for a while and a final decision could be taken soon.
Hero Group [...]
AOL could be worth just around USD 4.2 billion
When Google acquired a stake in AOL a few years ago, the valuation was set at around USD 20 Billion.
Times have changed. Google has moved on. And Time Warner is planning to get rid of AOL by making it an independent entity.
Market analysts have claimed [...]
Comcast in talks to acquire NBC Universal!
Market sources say that Comcast is in talks with GE to acquire their NBC Universal unit.
NBC Universal is made up of several properties including: NBC broadcast network, Universal movie studio, and a couple of television channels.
Comcast has denied these market reports. Sources however claim that the [...]
Honda CR-V Diesel coming to India?
Market sources claim that Honda is considering bringing a diesel edition of their sports utility vehicle CR-V to the Indian market.
This new variant could be powered with a 2.2 liter I-CTDi engine.
Honda has officially denied any such plans.
But the company would do good to launch [...]
Car prices expected to go up next month
Indian Automobile Market is looking good once again. Sales are up and industry insiders believe that this could result in prices going up next month.
Most automakers in the Indian market have been delaying the hike because of the market conditions.
With festive season here already, sales are [...]
The Loop: Microsoft poaching Apple Store employees!
This is not a big surprise though. Microsoft is set to open their own branded stores just like Apple has their Apple Stores.
Microsoft has borrowed a lot of ideas from the Apple’s theme of chain stores (Guru Bar / Apple Genius).
And The Loop is now reporting that [...]
