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Tata, M&M now take Indian trucks global
You have to rub your eyes hard to believe the Tata Prima and Mahindra Navistar trucks can rival the best that Mercedes-Benz, Volvo and Scania have to offer. Their stylish cabs, with the multitude of buttons and gizmos and quality fittings, make you feel you are in a European truck. But then again, both have been developed by Indian manufacturers to rival the best the world has to offer and beat these in markets outside India as well.

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M&M net vaults 849% to Rs 413 cr
Tractor and utility vehicle (UV) manufacturer, Mahindra & Mahindra (M&M), today posted a net profit of Rs 413 crore for the quarter ended December 31, 2009. This was an increase of 849 per cent, aided by the low profit base of Rs 43 crore in the same quarter of the previous financial year.

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Saffronart online art auction begins on June 10
"Saffronart", a leading art auction house in the city will host its annual summer online-art-auction of "Modern and Contemporary Indian Art" comprising works of 57 noted artists on June 10 and 11.
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GM India unravels Chevrolet Cruze

US car maker General Motors today launched its luxury sedan Chevrolet Cruze in India at an introductory price ranging from Rs 10.99 lakh to Rs 12.45 lakh (ex-showroom, Delhi). - GM nears $150 million Hummer sale to Tengzhong - GM to wind down Saturn after failed talks - GM India to open five more used car centres - GM, Reva tie up for electric vehicles - GM India expects 50% growth in 2010 - GM in pact with Reva for producing electric vehicles "The Cruze has been receiving rave reviews since its recent debut in some other markets. We expect it to perform well against the established D-segment players," General Motors India President and Managing Director Karl Slym told reporters here. The company has rolled out the car with a 2.0 litre diesel engine in two different variants. It claims that the car would give a mileage of 18.3 kilometre per litre, according to the Automotive Research Association of India (ARAI) standards. The Cruze is currently being rolled out in many countries across the globe. "GM"s investments in manufacturing the Cruze in India is a demonstration of our sustained commitment to making Chevrolet the most admired and preferred vehicle brand in this country," Slym added. The company had earlier said that the diesel version of Cruze would be followed with the roll out of a 1.8 litre petrol variant in the months to come. GM India had also said that it would go ahead with the launch of its long-expected mini car, named and developed on "Beat" platform by end of this year. The car is expected to be priced around Rs 4 lakh. Besides, GM India has also geared up to introduce its small car Spark with a 800cc petrol engine in 2010.


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