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Tata Nano: the CEO’s plans to sell it in Europe

Carl-Peter Forster, CEO of Tata Motors, has told CAR of his hopes for Tata’s expansion in Europe – with plans to launch the Nano here with a diesel and possibly an electric version. You can read the full interview with Forster in the new July 2010 issue of CAR Magazine out this week. Tata is already the world’s fourth largest commercial vehicle producer and it is a strong force in the Indian car market.

Avis buys Zipcar and grows car-sharing capabilities internationally

Zipcar, a car-sharing company that specializes in renting cars by the hour or day, announced Wednesday it will be acquired by Avis Budget for $491 million, or $12.25 a share. The action will help Avis compete against Hertz Global Holdings, which became the world's second largest car-rental company in 2012 following its purchase of Dollar Thrifty car-rental company for $2.6 billion, according to a Bloomberg report. “By combining with Zipcar, we will significantly increase our growth potential -- both in the U.S.

The Leko – a new car from IKEA? – Not a chance!

A new site claims IKEA is about to launch a car - on the 1st April! [ad#ad-1] The latest silly site to go (semi) viral online this week purports to be teasing a new car from IKEA, that hell of  a flat-pack, windowless, clockless shopping experience where the only instructions you get for assembling your insane purchase are a set of pictures on a big sheet of paper, that seemingly have no resemblance to the contents of the package you’ve been stupefied in to buying. Now on the face of it this is perhaps plausible.