Tesla Roadster reaches the end of the line Tesla’s next big thing: Tesla’s roadster production is coming to halt as the maker of battery-powered cars switches its focus to the upcoming Model S electric sedan. The first sales of the Model S sedan are expected to begin around the middle of 2012. At a starting [...]
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Toyota Motor Corp continues to invest in Thailand, the Detroit of Southeast Asia, as it plans to start producing hybrid cars in Thailand according to Bloomberg. The move expects to leverage existing Thailand investments by producing a hybrid version of the Camry by 2010 an existing factory with an output of 10,000 units within 3 [...]
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IBM and Infy are at loggerheads for having Fidelity’s, (the world’s largest Mutual Fund Company) Indian IT captive unit. IBM has proposed to pay about $150 million for the acquisition whereas Infy is ready shell out about $180 million for the unit. However, IBM is more likely to emerge as the winner because of the [...]
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With an eye on tapping the lucrative value added service market in India, Nokia has launched an innovative campaign called “Make My Map” which encourages consumers to give suggestions for their dream mobile applications. Winners of the contest will get the latest N8 mobile from Nokia and the contest is also seen as a build [...]
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Microsoft has admitted that the H1 B holders have made significant contribution to the success of the software giant. It said that this has helped substantially in identifying the best talent from the world. However, the company is set to hand over pink slips to about 5000 employees in coming 18 months, some of which [...]
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German Automaker BMW, in its attempt to bring down the green house emission from its automobiles is thinking on utilizing NASA technology for this purpose. Engineers are working to adapt the ‘Thermoelectric Systems’, used by NASA for powering their space probes. The research work is going on the High Tech experimental lab at California. In [...]
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Audi, the German carmaker said that Tata’s Nano might face difficulty in entering European Markets owing to the strict emission and safety norms. Audi is among the many to enter the list of those who have expressed an ‘unfavorable attitude’ that will possibly be confronted by the Tata’s world’s cheapest car. Nano has in the [...]
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Honda Siel is ready to launch its premium car Jazz on June 10 on Indian roads costing around Rs 6.5-6.8 lakh. This addition to the small car segment models is considered to be the most expensive ‘super-mini’ model. The car is based on the platform same as that of Honda City but will be cheaper [...]