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 [...]
Yahoo might sell Zimbra in the near future
All Things Digital has reported that Yahoo is looking for a possible deal for their Zimbra unit.
They had acquired Zimbra in 2007 for around USD 350 million.
Looks like Zimbra could become the latest casualty of their trimming down process.
Reports are further claiming that Yahoo [...]
Toyota Corolla Altis CNG Edition in India!
Market sources say that the Japanese automaker Toyota is working on launching the CNG edition of their Corolla Altis in the Indian market.
Toyota Corolla Altis CNG could arrive as early as next month.
CNG has become a very popular alternate fuel in the Indian market.
One of the [...]
