Maruti ships 2,000 contract-manufactured Nissan Pixos to Europe

On the sidelines of announcing its FY2008-09 results, Maruti Suzuki India Limited, has said that it has already shipped 2,000 Nissan Pixo cars from its dedicated car export port at Mundra in Gujarat to Europe.
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Sepang International Circuit by Navroze Contractor

The first ever F1 race I saw was in 1969 at Spa-Fracorchamps in Belgium. I had read so much about races there. The first Grand Prix was held in 1924. It is set in the most gorgeous Ardennes Mountain's surroundings. The Belgians wanted to have the fastest circuit on the calendar so they made it just over 15 kilometers long and used some public roads in it. Later, when I saw, it was cut down to 14.1 kilometers, but still was the fastest circuit around, not including Le Mans. The long uphill straight from the paddock cars did over 330 kmph, if they wanted to be in the first ten! The lap record for the 14.1 km circuit is held by Chris Amon, in a March GP car timed at 3:27:04. The circuit is shortened after the massive crash of Jackie Stewart in the 1970 GP, which also sparked off the whole 'safety revolution'.

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Escorts Limited to consider merger with American unit on Apr 29, 2009

Escorts Ltd, the agro-machinery arm of the Escorts group, has announced that a meeting of the board of directors of the company will be held on April 29, 2009, to consider and approve the merger of its wholly owned subsidiary, Escorts Agri Machinery Inc (USA) with itself and any other consequential matters therein. The Escorts Group is operating in the high growth sectors of agri-machinery, construction & material handling equipment, railway equipment and auto components.
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Tata Motors manages Rs. 2,000 crore from public deposits

According to reports in the media, Tata Motors has managed to raise at least Rs. 2,000 crore selling term deposits to the public, which will helping it pay off the bridge loans that it has borrowed from debtors for purchasing Jaguar and Land Rover, the marquee British brands it purchased for US$ 2.3 billion.

Mazda launches first RX-8 Hydrogen RE for Norway

Mazda Motor Corporation has announced that it has built the first Mazda RX-8 Hydrogen RE vehicle with Norwegian specifications, developed specifically for participation in HyNor, Norway’s national hydrogen project. The first unit will take part in ceremonies marking the official opening of HyNor’s hydrogen filling stations.

Limited edition of Mercedes A-Class 2009 unveiled

Mercedes-Benz is ushering the spring with a new special model of the A-Class. With design features reserved only for this edition, plus extensive, high-grade appointments, the Special Edition 2009 is not only eye-catching, but also combines the well-proven basic virtues of the compact Mercedes-Benz model with more than a touch of passion.

Mercedes-Benz to present Coupe range in the new E Class

Mercedes-Benz presents the Coupé range in the new E‑Class. Three months after the presentation of the Saloon, the brand is therefore launching a new highlight in the new model series while continuing a tradition that has repeatedly met with great enthusiasm throughout the history of the E-Class.

Chrysler bankruptcy will severely impact Indian auto part makers

While the slowdown in the domestic automobile market had badly affected Indian auto parts makers, but still many were witnessing shored up profits on account of their export orders from US, better rupee-dollar currency conversion rates. But now the writing is on the wall. Chrysler is finally preparing to file for bankruptcy protection as early as next week, irrespective of whether the company cracks a deal with its lenders or forges an alliance with Italian entity Fiat SpA, as reported by a number of American business dailies.