Auto Sector

Tata Motors raises Rs 1,545 crore via Singapore senior notes

Tata Motors Singapore IssueIndian automotive giant Tata Motors Ltd has announced that its wholly-owned subsidiary TML Holdings Pte Ltd has raised Rs 1,545 crore (S$350 million) in Singapore notes.

The Singapore notes, which carry an interest rate of 4.25 per cent, will be due in year 2018.

Investment of $258M in Milford Twp. data center by GM

Investment of $258M in Milford Twp. data center by GMThe General Motors Co. stated on Monday that it will be spending an amount of $258 million for developing and aiding advance data center at its Milford Proving Ground in Milford Township. It will be backing up the new data center at the Warren Tech Center.

Variation in Gas Prices Affects Motorists

Gas-PricesA drive around the city this week offered a range of about eight cents on the cost of a gallon of gasoline to the discerning motorist depending upon where the driver decided to pull in.

And even if the motorist checked the price of gasoline elsewhere in Rhode Island, the price increased to 45 cents roughly.

Honda’s 2014 Odyssey minivan to bring first vacuum cleaner into minivans

Honda’s 2014 Odyssey minivan to bring first vacuum cleaner into minivansAt the 2013 New York Auto Show opening this week, Honda will showcase its 2014 Odyssey minivan which, as per the automaker, will bring the industry's first vacuum cleaner to the minivans.

Cadillac unveils its redesigned 2014 CTS

Cadillac unveils its redesigned 2014 CTS On Tuesday, at a glittery Lincoln Center event in advance of the 2013 New York International Auto Show, Cadillac unveiled a next-generation model - the redesigned 2014 CTS - of its midsize sedan CTS.

Cadillac's recent unveiling of the new CTS marks the commencement of a new phase of the brand's decade-long overhaul which began in the year 2003, with the replacement of Catera by the first CTS.

Toyota Recalls FJ Cruisers after Seat Belt Problem

Toyota Recalls FJ Cruisers after Seat Belt ProblemIt has been found that Toyota's FJ Cruiser sport utility vehicles have reported a seat belt issue. For the same reason, the company has issued a recall of these cars.

Ford Recalls Vehicles after Reports of Faults in Child Locks

FordAfter some reports of the faults seen in their child locks, the North American based automaker Ford has announced recalling its various vehicles.

It has been reported that more than 6,500 vehicles, like the Ford Focus, Ford C-Max and Ford Escape will be affected by this recall across the U.S.

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