Automotive News Europe/Reuters, 9th March, 2010 MUMBAI (Reuters) — Tata Sons, the holding entity for Tata Group firms, and Citigroup have acquired 8.65 million shares in Tata Motors Limited from Germany’s Daimler AG. Tata Sons bought 4 million Tata Motors shares at 750 rupees each, while Citigroup bought 4.65 million shares at 752.41 rupees each, [...]

Luca Ciferri, Automotive News Europe, 7th March, 2010 India’s top vehicle maker, Tata Motors, plans to bring an electric version of the Nano, the world’s cheapest car, to Europe within three years. Ravi Kant, Tata Motors Vice Chairman, said the electric Nano, which was unveiled at the Geneva auto show will be also reasonably priced. [...]