Tag Archives: automobile

General Motors to close four plants

General Motors, the US automobile giant, is to close four North American truck plants and shift its manufacturing focus to smaller vehicles due to higher Gasoline prices.

The four plant closings will save $1 billion a year and cut North American capacity by 700,000 for trucks.

Production output will end at plants in Oshawa, Ontario; Moraine, Ohio; Janesville, Wisconsin; and Toluca, Mexico. The plantsĀ  will close in 2009 and 2010.

Tata Motors’ Nano car to hit traffic in Oct

nano-car.jpg

Indian automobile maker Tata Motors Ltd will move out its ultra-cheap Nano car on schedule by October, a top official said.

Managing Director Ravi Kant told media, “We are maintaining the schedule of car launch in the second half of next fiscal,”.

Tata Motors launched the world’s cheapest car ,$2,500 Nano,in January and said it would rool outlater in the year.