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Wednesday, April 2, 2008
Tata Motors to list on Tokyo Stock Exchange
According to Japanese daily, The Nikkei , the firm is finalising plans to list the shares as depository receipts on the bourse in Japan.
"India's Tata Motors Ltd is finalising plans to list its depository receipt on the Tokyo Stock Exchange as early as the summer," the daily said in an article published in its online edition.
Last week, Tata Motors had entered into an agreement with the US car maker Ford for the 2.3-billion-dollar takeover of British luxury brands - Jaguar and Land Rover.
Tata Motors' American Depository Receipts (ADRs) are listed on the New York Stock Exchange.
Tuesday, April 1, 2008
SWIFT DZIRE
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The overall design isn’t as appealing as the Swift hatchback but just like the Indigo (which was developed on the Indica), we expect it to grow on us over a period of time.
Maruti haven’t changed much on the interiors, which are identical to the hatchback. So you’ll get the same modern and classy looking dashboard. The top model also gets stereo mounted audio controls along with a stereo integrated into a dash. The stereo is intuitive to operate and delivers decent sound quality as well.
As Maruti hasn’t extended the car’s wheelbase you get roughly the same legroom all around. That’s disappointing, especially compared to the Logan and Indigo. Engineers have increased the width of the seats and have also inclined the rear backrest over the hatchback, which we feel is a tad too much, ensuring that passengers slouch rather than sit upright. And the bigger rear door with the larger glass area ensures that you won’t feel as claustrophobic as you do in the Swift hatchback at the rear. But, while you can sit three in the rear, the limited legroom ensures that you’d wish it wasn’t you sitting there for long journeys. The wide rear door and the high-set seats mean that getting in and out of the car isn’t a chore.
The DZire uses the same engines as the Swift. Weighing only around 30kgs over the regular Swift ensures that performance is similar to the smaller hatchback. The steering offers good levels of feel and combined with the slick gearbox and the smooth clutch makes driving this car an enjoyable experience no matter what is powering it, diesel or petrol. But unlike the Logan which can be driven over bad roads with considerable aplomb, you’ll have to slow down the DZire on less than perfect surfaces unless you enjoy being rattled.
Though the DZire disappoints is in the rear passenger legroom, the boot is adequate and you can also expect the car to deliver on fuel efficiency which won’t be far off from the Swift hatchback. This ensures that after the SX4 the DZire is another winner from Maruti
Maruti to launch new middle segment car Dzire
The ex-showroom price of the petrol version in Delhi ranges from Rs.449,000 to Rs.590,000, while the diesel version will be priced between Rs.539,000 to Rs.670,000.
The Dzire offers luxury features like integrated stereo, steering mounted audio controls, automatic climate control and power windows. It also comes with safety features like dual airbags, collapsible steering column and other advanced systems along with anti-theft facility, a statement by the company said.
“The DZire is the seventh model Maruti Suzuki has launched in the last three years. It has a special place in our product strategy,” said S. Nakanishi, managing director of Maruti Suzuki Ltd.
He added: “Millions of Indians own compact cars. With growing incomes and better lifestyle, many of them want to upgrade to a sedan. But today, they are not able to find an entry-level sedan that offers style, features and performance. The DZire offers all this, and at an attractive price.