Renault-Nissan to inaugurate Oragadam plant on 17th, 2010

Renault Nissan Automotive India plans to inaugurate its Rs. 4,500 crore passenger vehicle joint venture plant at Oragadam on March 18 this year. PTI had earlier reported that that Renault-Nissan Automotive India’s MD Akirai Sakurai met Tamil Nadu deputy chief minister M. K. Stalin in Chennai and urged him to inaugurate the plant. It is widely believed that Nissan's first made-in-India car-Micra or March-will roll off the production line on 17th March, 2010. As a preview to the plant opening ceremony, Carlos Ghosn would be addressing a press conference on Tuesday, March 16, 2010 at 5:30pm at Hotel Trident, GST Road, Chennai to provide an overview on the business and growth strategy of Renault-Nissan alliance in India.
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Force India to continue with 2010 season while eight majors threaten a divorce

According to the latest reports, nearly eight manufacturers (Ferrari, McLaren, BMW, Renault, Red Bull, Toro Rosso, Toyota and BrawnGP) have decided to form a separate setup by breaking away from the present organization. It has been learnt the eight teams have disagreed with the way the FIA has decided in what direction the Formula One should go, and thus feeling the need to create a own championship. The reason cited by the teams for this drastic move is Max Mosley's (Formula one motor racing chief) plan to introduce a voluntary £40 million budget cap in order to make it easier for new teams to enter & smaller ones like Force India and Wlliams to continue.
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