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CRI 31 rising Tata motor company is India's largest truck manufacturer, to cut costs and expansion in the emerging market for luxury brands automobile sales, Tata plans in China to build Jaguar Land Rover SUV uses car. Tata CEO Carl ・ foster ・ Peter (Carl-Peter Forster) today in London News Conference, Tata will Chinese began to build Jaguar Land Rover , both branded end at 4 million. Foster at the press conference did not give a specific date.

Like luxury brand BMW companies and Daimler AG, the Tata company Division of Jaguar Land Rover will China-the world's fastest growing major economy ― as the increase in corporate income in important markets. In accordance with TML website data show that in the past due to this year's March 12 months, sold 208197 Jaguar Land Rover, 8% of sales came from the Chinese market. Foster said that "China is a growth market. We also need to implement the growth of global markets, including China, Europe, South Africa, South America and other regions. ”

Tata in 2008 spent billion from motor company-Ford bought Jaguar and Land Rover. Tata company located in Mumbai, has acquired United Kingdom luxury car brand, trucks and buses in India's sales volume has increased, and the company streamlines Jaguar Land Rover labor resources and cut costs, achieve fiscal year on a pre-tax profit. Tata Motors in Mumbai's share price increased by 1% to 749.5 rupees. This makes this stock price drop from 6.3% reduction to 5.3%, Tata company's market value appraisal for 4125 billion rupees (about 89 million). Jaguar Land Rover aim at emerging markets, India, opening up more space for display and establish a sales company in China. The Chinese market in the 2009 March 10-month transitional period, sales for 8821 vehicles, and the following year, sales have doubled. Foster said that the company will find good partners and appropriate location, and then make a decision. In this way, established companies will need one to two years.

Foster said that the company is in the "year-month" decision in the United Kingdom of two plant sponsorship remain open as the company's integrated production base. One of the two factories located in the Castle Bromwich , Jaguar XJ (Gallery Forum) and XK (Gallery Forum) models here was born, and another at Solihull, the production of Land Rover SUV factories. Former General Motors Europe Division President, foster says, "an efficient factory will be longer than the two little plant yield even greater. Even if it is possible to close one of them, we wish to improve productivity, increase job opportunities. ”

(Grasp)

Super cars news, comprehensive foreign coverage India automobile manufacturers automobile Tata (Tata Motors Ltd.) recently released data show that due to its Jaguar Land Rover brand management drastically improved, Tata successfully in fiscal 2009 (from April 2009 to March 2010) deficits.

2009 fiscal year, Tata Motors combined net profit reached 257 billion rupees (about 5.43 million), while affected by fiscal 2008 Jaguar Land Rover big losses as a result, Tata loss up to 251 million rupees. Fiscal 2009 Tata Motors net profit also exceed the industry average of 156 million rupees.

As the global economic environment improves, the recovery of the automobile market demand, Tata subsidiary Jaguar Land Rover in the 2009 fiscal year pre-tax profit reached 32 million pounds (approximately 4600 million). In addition to external factors, Jaguar Land Rover internal also implemented a series of cost reduction measures (such as a total reduction of 2200 workers) and the introduction of several new models.

In 2008, Tata Motors to 25 billion from price hand Ford bought Jaguar Land Rover brand. But the deal has not been good from the outside world, people even once that Jaguar Land Rover to "peiqianhuo".

United States presidential bellac ・ Obama 27 afternoon at the White House press briefing, Gulf of Mexico oil spill to answer media questions. In his speech, Obama responded to the outside world, known as the Government plays in disaster relief to the "core leadership" role.

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Obama acknowledged that oil spill is a "catastrophe."

The associated press reported that in this oil spill occurred long ago, Barack Obama announced the expansion of offshore oil and gas mining-related programmes. Obama at a press conference for this programme. He said that the programme due to United States domestic crude oil production will need to meet the energy needs of the country. However, Obama acknowledged that "I make a mistake."

Obama said the error to the effect that they too believe in "oil and gas development in the worst cases consolidated operations capabilities".

To prevent the recurrence of such events, Obama announced that some areas of the offshore drilling ban is extended for six months, so that investigators more time to survey the entire event, review the relevant environmental laws and regulations. This prohibition covers in Alaska and the Virginia plan expanded offshore drilling project and 33 Department is implementing the oil well drilling jobs.

■ A sign

Obama at a press conference stressed that he has the responsibility to end disaster, "this is my work." Oil spill occurred, criticized Obama administration slow to British Petroleum drilling platform rental party too much slack space.

Obama responded that "those who accuse us of slow man does not know the truth".

He said that, since the Government engineering staff is not underwater 1.6 km sealing experience and therefore can only rely on the British Petroleum. But the Government blocking play a leading role in the process.

"People should be aware that the United States," Obama said, "from the first moment of the disaster, the Government began to dominate the response. ”

Some journalists will Obama administration response to oil spill of initiatives and George ・ W ・ Bush administration response to Katrina, compared to the measures. Obama response: "I will put more work left for you to do … You can do to resolve the current crisis? "

"I believe that," Obama said, "people will be looked up and said that the Government in response to this unprecedented crisis has played a key leadership role. ”

Related

"Relational" first fruits well pressure decrease

United States Coast Guard oil spill accident rescue Commander Assad ・ Alan 27 said, British Petroleum, the day before the opening of the "relational" sealing method is effective to prevent the leakage of the Gulf of Mexico oil and gas.

United States Los Angeles Times reports cited Allen, British Petroleum and Government engineering has to spill oil injection enough density liquid. Oil pressure decrease, at fairly low levels. Alan said, once oil pressure is reduced to zero, the engineering staff will inject cement, closed oil wells. "British Petroleum achieved some success," Allen told a local radio station reporter, "they are already stable head (pressure), prevent the leakage of oil and gas. ”

Strong hurricane season approaching sealing pressure greater

United States National Oceanic and Atmospheric Administration said 27, Atlantic in June and November will usher in 2005, the most powerful hurricane season, threaten the Gulf of Mexico oil and gas pipeline safety, the already difficult oil, blocking efforts.

National Oceanic and Atmospheric Administration-day publishing forecast report said that the Atlantic this year, a strong possibility of hurricane season 85% during the hurricane season to form 14 to 23 a named tropical storm, 8 to 14 may strengthen to a hurricane, close to the 2005 hurricane season 15 hurricanes on record.

Kenilworth (Xinhua Yin Wei static Crystal) Korea, local media reported on 31 May , France car company Renault has recently formally responsible for the sale of SsangYong motor vehicle Macquarie securities company submitted letters of intent to join the double Dragon acquisition bid. Thus, SsangYong motor's potential bid for the party had increased to 7.

SsangYong motor, has seven potential investors to its expressed intention of the acquisition, including four foreign investors and three Korea domestic investors.

Usines related official said, the acquisition of intent submitted officially marked substantive work acquisitions made.

It is understood that by Renault holding more than 95% of Renault Samsung motor company is the third largest car manufacturer in Korea, the Korea market share of more than 10%.

Yesterday, the SAIC group, press spokesman for the White Rose said she had not been informed of the Renault intends to purchase Dragon's message.

SAIC group shuanglongqi plantain first shareholder, February 2009, at the Dragon after debt, SAIC group holds a SsangYong motor company from 51.33% to 11.2%.

Background

SAIC "18 million" throw bag

In January 2005, hope to overseas expansion of SAIC invested 5 million acquired SsangYong 48.92% stake. Since then, worry about shareholder SAIC transfer technology and other factors, SsangYong motor trade unions for SAIC "and buying", the ultimate Dragon in China-made project failed to achieve, and its own difficulties.

In January 2009, at SAIC refuse additional investment, SsangYong motor to Korea Court entered bankruptcy protection program application. A month after the application is approved. Then the Dragon will value KRW 3933 billion of debt to equity, SAIC holds double Dragon co. from 51.33% to 11.2%. It is estimated that SAIC for this loss of nearly 18 million Yuan. To this end, SAIC insiders said, "the early release of SAIC will be able to make more effort and funds for the development of new projects. ”

Reporter Wei xuezhen

(The Beijing News)

An integrated electric super car, the REVA electric car company India partners is Mahendra after the acquisition, General Motors decided to dissolve and REVA cooperative relationship, use the electric vehicle technology research and development of Detroit to research and development in India for the listing of electric cars.

General Motors India branch leader Karl Slym on May 27, announced in the Conference call: "General Motors to India market research and development of electric vehicles will take on the Detroit and development of technology. At the same time, universal is under consideration in November in the India market Chevrolet Volt electric car. ”

GM in September 2009 and the REVA signed a cooperation agreement, the parties will use GM platform jointly develop small electric cars. However, on May 26, 2010, India's largest sports car manufacturer Mahindra announced the acquisition of shares of 55% REVA, become the REVA controlling shareholders. Therefore, the General decided to terminate with the REVA relations of cooperation.

Affected by this, universal had to postpone its electric Edition Spark small cars in India market sale time and did not give a specific time to market.