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Tencent Tata automobile at motor company is India's largest truck manufacturer is Jaguar Land Rover owners. Located in Mumbai by Tata Motors yesterday in an e-mail statement, as of March, the annual net income of $ 257 million rupees ($ 5.43 million), compared with the loss of 251 million rupees. This is much higher than Bloomberg News (Bloomberg) 14 analyst estimated 156 billion rupees. The global economy begins from the second world war the world's worst recession recovery. Land Rover Jaguar year pre-tax profit reached 32 million pounds (approximately 4600 million). Tata company streamlines labour and reduces the production costs of luxury cars, next week will establish a new factory for mass production of the world's low-cost car Nano to meet increased demand.

New Jaguar

Assist in the management of Vienna Raiffeisen capital management company 11 billion euros ($ 14) by Jurgen ? Meyer (Juergen Maier) said, "they do a lot of decisions are very correct, but also in local sales rebounded, Tata Motors's future sales will continue to grow. "Tata Motors yesterday in Mumbai's stock price rose 4.6% to 741.75 rupees. Their stock prices rose in 2009 nearly 5 times, declined 6.3% this year.

Jaguar Land Rover last fiscal year PIN 193982

Jaguar Land Rover is the 2008 Tata takes billion from bought Ford. Tata said in an email statement, Jaguar Land Rover's sales of the previous fiscal year is 193982, as compared to the month of October 2009 3 months, its sales for the 167348. Tata sales of truck, bus, Nano car and other sports multi-purpose car sales rise this year, 32% to 667971.

Tata Motors in the statement that "overall economic recovery and Government engage in healthy stimulating environment, making the recovery in domestic demand. "India Prime Minister Singh (Manmohan Singh) 24 May said that India's economic growth this year may 8.5%, and our goal is to achieve annual growth of 10% of GDP, reaching the middle level. India's economic growth and higher vehicle sales for Tata brings new competitors. In many automobile manufacturers in Toyota automobile company, mass automobile companies and Honda Motor Company in January, New Delhi Auto show on display at the 10 small cars. Daimler AG and MAN company and hangxing Corporation (Navistar) also are expanding in India's truck business. Jaguar Land Rover dismissal of 2200 employees to reduce the costs and the introduction of new models to increase sales. Chairman of the Tambo ? Tata also pulling has hired former General Motors Europe CEO foster (carl-peter forster) as CEO. Employment of Ralph ? Speth (Ralf Speth) took over the Jaguar Land Rover's CEO.

Jaguar

The European market

Umesh Karne is Mumbai market research company BRICS Securities analysts, he said, "Europe is Jaguar Land Rover's a big market, European market downturn that Tata Motors very worried. Jaguar Land Rover will be tremendous pressure until the start of the European market. ”

This statement shows that the Tata company this year for the Jaguar Land Rover's separation costs reach 19.1 million rupees, but for the purchase of Jaguar Land Rover bridging loan or advance 10.5 billion. And Tata's foreign exchange earnings reach 8.447 billion rupees. Tata also sold and Hitachi construction machinery company joint venture of 20% of the shares, thus benefiting 116 million rupees. (雨欣)

Super cars news integrated foreign reports, is located in the United States/Tennessee lithium battery factory is already available on May 26, started.

Nissan Tenn. battery factory covers an area of 130 000 square feet, will bring 1300 new jobs. After the completion of the factory, the Nissan Leaf supply lithium batteries for electric vehicles.

Nissan United States Branch plans to invest $ 17 for expansion of production of the Nissan Leaf electric cars. This 17 billion mainly come from the United States Government to reduce oil dependence of the loan.

Nissan CEO dagorn (Carlos Ghosn), Nissan Leaf electric car is definitely a high return on investment.

United States House of representatives hearing CRI Board 26 local time to the vast majority voted in favour of the adoption of a motor vehicle safety act. It is understood that, in line with earlier initially by the automotive industry as well as senior members of the Democratic Party ・ John Dingell (John Dingell) version, this Bill has done a more obvious modifications, new vehicle safety standards.

The new United States House of representatives energy and Commerce Committee (the House Energy and Commerce Committee) of the Act, the proposed priority for vehicle brake systems, and incident data logger, the so-called black box. Was put in this way a more stringent legislation , because car Toyota mass recall events for the United States Government has sounded the alarm, hope in the future to avoid repeat of Toyota Motor. Reuters said the event let Toyota Motor in the quality and reliability of the rapid decline in popularity, the National Highway Safety Administration (NHTSA) and also because there is not sufficient for Toyota issues strict but stigmatization.

As early as the beginning of this month, Reuters has reported that the United States National Highway Safety Administration leader David (David Strickland) said to Congress urging the Government to step up efforts to have a security risk models strictly implement the recall. This can contribute to the National Highway Safety Administration better according to law, in the implementation of the recall to more standardized.

In this new Act, the United States regulatory authorities also consider developing pedal installation, electronic systems, push button ignition systems and transport configuration, and other related standards, in addition, the new Act will also be a security risk by cheqi maximum fines from 1640 m before upgrading to 2 billion.

It is reported that the agreement will be handed over to the United States National Highway Traffic Safety Committee (National Highway Traffic Safety Administration, hereinafter referred to as NHTSA) to determine the specific implementation of the new Act. For earlier about black box collects accident data 75 seconds before the proposal, the Committee decided to request rejected. (Yi Hai)

Tencent's car at General Motors Germany funding application materials revealed that the company will work through loans and deposits guaranty further enhance their Opel to help complete the restructuring of the latter.

According to PricewaterhouseCoopers accountants in Germany Government commissioned the preparation of a report to the General Motors does not provide additional to Opel in cash grants, instead, General Motors will provide to Opel for two sum total value 10.6 billion euros of loans and Germany a pen for government funding, value 2.45 billion euros in guarantees, so as to achieve the promise of 19 billion euros.

In March of this year, GM announced its sponsorship of Opel to line of credit to the original plan of three times, but at that time the company has no instructions how to make its funding limit reached the level of commitment. According to original plans, General Motors to Opel for support the amount of 6 million euros, but then the European governments requested the United States automobile giants to further increase the funding for Opel.

Germany's Chancellor Angela Merkel's Christian Democratic Union (Christian Democratic Union) economic policy issues Parliament press spokesman fee Buddha-(Joachim Pfeiffer) said in an interview: "I'm for GM requests of government funding. We must be careful in handling this matter. But it is clear that General Motors has sufficient funds to complete the Opel. ”

General Motors latest results show that the company's first quarter net income of $ 8.65 billion. But in this case, GM still want from Germany and other European countries the Government providing more funding to complete the Opel's reorganization. According to General Motors developed by Opel restructuring programme, General Motors will provide the Germany car manufacturers to introduce new models, while also expanding its business to other markets.

Currently, GM spokesman m Orem (Renee Rashid-Merem) and Opel, spokesman mo Kratos (Andreas Kroemer) refused to comment on the above message. (Yi Hai)

Opel Corsa

This week, General Motors and Opel have been announced, on behalf of the company employees for the future development of the programme reached a preliminary agreement. General Motors plans throughout Europe-wide annual reduction in labor cost 2.65 million euros to the reorganization of the Opel funding support, at the same time, the two sides agree to Opel company legal from "limited liability company" to "AG".

Opel at the recently announced in a statement, said that both focus on involving development and launch of new products, such as smaller than the Corsa launched the new small car. This product is scheduled to Opel company in early February of this year's declaration as the basis for future investment in 110 million euros to develop a series of new products and alternative energy-driven technology.

In accordance with the agreement, if the company fails to launch on schedule, the corresponding part of the new product will be directly transferred to the capital of the third-party contract, and will eventually return to their employees. Previously, General Motors has been committed to 19 million euros funded help Opel to restructure, but in general it is expected that the total cost of the restructuring of Opel will reach 37 million euros. At the same time, GM is seeking to have the Opel Germany and other European countries, the business to provide loan guarantees.