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Mahindra wins bid for Ssangyong Motor acquisition

Mahindra & Mahindra Ltd. (M&M), India’s leading manufacturer of utility vehicles, emerged as the preferred bidder for the acquisition of a majority stake in South Korean SUV maker, Ssangyong Motor Company (SYMC). The preferred bidder status would require it to enter into a Memorandum of Understanding with SYMC, followed by a detailed due diligence process.

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HTC, Tata Docomo Launch HTC Desire in India at Rs. 28,900

HTC Desire delivers intense brilliance, sharp contrast and true colors on the expansive 3.7-inch AMOLED display. The 1-GHz Qualcomm Snapdragonprocessor makes the phone incredibly responsive while the instinctive HTC Sense experience lets the user experience the HTC Desire with the greatest of ease.

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New Opportunities in Electric car market Indian: India and Taiwan

Taiwan’s Luxgen, the winner of the Taiwan Excellence Gold Award this year for its Luxgen7 MPV, has launched one of the world’s most advanced cars with a number of energy-saving features. Luxgen will soon start selling electric cars.

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Panasonic launches 103’ FHD 103PF12 Plasma Display

The new edition of 103" PDP (103PF12) is based on Neo-PDP technology that achieves twice the luminous efficiency in comparison to other models. Neo PDP enhances the brightness and contrast while improving moving picture performance.

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Tata Motors global sales grow 36% at 90,646 vehicles in July 2010

Sales of all commercial vehicles were 40,576 nos. in July 2010, a growth of 30%. Cumulative sales for the fiscal are 151,730 nos., a growth of 38%. Sales of all passenger vehicles were 50,070 nos. in July 2010, a growth of 42%. Cumulative sales for the fiscal are 188,094 nos., a growth of 53%.

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