General Motors Europe Looking for Long-Term Relationship with Peugeot

not the hundreds that existed worldwide in the 1950s when he uttered his sentiments. As it turns out, he’s been more right than wrong so far.

Further extending his wise observation, General Motors and Peugeot are reportedly in talks to create a wide-scale manufacturing alliance to curb their losses. As reported last week, GM’s European Opel division bled through $747 million in losses last year; not as much as the year before, but still a big chunk of change. However, where it’s adjusting with keeping its revenue up and cutting costs, it may not be able to become profitable without more help.

Enter Peugeot, a French automaker that last sold a car in the U.S. in 1994. Peugeot has been desperately seeking partners like a girl rejected at the last minute by her prom date since the late 1990s. It’s since formed a few alliances with BMW for Mini 1.6-liter engines, Ford for diesels in Europe, small cars in Europe with Toyota, and electric vehicles with Mitsubishi.

But now the ailing French giant wants a little more of a long-termer for a committed relationship.

Peugeot and its subsidiary Citroen comprise the second-largest automaker in Europe behind Volkswagen. Together, they produced 3.5 million cars for the world last year, a 1.5-percent drop-off. That’s still significantly less than Volkswagen’s 5 million units alone

View the Original article

Continue Reading →

In Indonesia, Tata Motors To Prepare Your Ace

New Delhi-India car manufacturer Tata Motors already preparing, in Indonesia. The first strategy, Tata Motors will develop commercial car market first, after that went into passenger cars.

It is ascertained by the Managing Director of Tata Motors, P.M. Ternatea in a special interview to The Hindu early last February.

"We see Indonesia market very seriously. In some ways, Indonesia is a replica of India's market, "he said.

Tata Motors will develop themselves in Indonesia with gradually. Make the Assembly plant is the step Prime then switched to the full production process. "" We see local content will increase quickly because ASEAN had sufficient infrastructure. So we see a good possibility to grow, "he said.

Ternatea refused to mention which model cars will be assembled in Indonesia, but several high officials in the Tata Motors mentions the first car to be released in Indonesia is Tata Motors Tata Ace. The car that his plan would make commerce and assembled on the ground water with a supply of components from India.

"After an Ace will be followed by passenger cars," said Chairman Tata Motors.

Tata Motors entered the market realized that Indonesia has already seen several years ago. In an exhibition in Jakarta, Tata Motors introduces a few line up like cars and Sumo Grande pikap Xenon.


(ddn-ddn)
Editor: Editor

View the Original article

Continue Reading →

Let Your Tata Motors Entered The Gaikindo Indonesia

Jakarta-the inclusion of Tata Motors was already old by the combined Industry breezes wafted the motor vehicle Indonesia (Gaikindo). They also allow Tata Motors entered enliven the car market Indonesia.

"We let your go into here (Indonesia)," Gaikindo Chairman said MR. Sudirman Jakarta.

However, Sudirman explains Tata Motors have not been recorded as a member of the Gaikindo. "They did not go to us (Gaikindo)," he said.

Earlier Tata Motors already prepared in Indonesia. The first strategy, Tata Motors will develop commercial car market first, after that went into passenger cars.

It is ascertained by the Managing Director of Tata Motors, P.M. Ternatea in a special interview to The Hindu early last February.

"We see Indonesia market very seriously. In some ways, Indonesia is a replica of India's market, "he said.

Tata Motors will develop themselves in Indonesia with gradually. Make the Assembly plant is the step Prime then switched to the full production process.

"We saw the local content will increase quickly because ASEAN had sufficient infrastructure. So we see a good possibility to grow, "he said.

Ternatea refused to mention which model cars will be assembled in Indonesia, but several high officials in the Tata Motors mentions the first car to be released in Indonesia is Tata Motors Tata Ace. The car that his plan would make commerce and assembled on the ground water with a supply of components from India.

"After an Ace will be followed by passenger cars," said Chairman Tata Motors.

Tata Motors entered the market realized that Indonesia has already seen several years ago. In an exhibition in Jakarta, Tata Motors introduces a few line up like cars and Sumo Grande pikap Xenon. Cheapest car Tata Nano universe which was rumored to be one of The mainstay in Indonesia.


(ddn-ddn)
Editor: Editor

View the Original article

Continue Reading →