To know about cars in India…

I came to know about an excellent website through one of my friend who is in a Automobile Manufacturing Unit…A Japanese Car Maker actually…Who have got an offer from latest german car maker but he turned off it as he have to compromise his managerial postion there…

OK let me come to the point…

The website he refered was www.team-bhp.com

Its an excellent website where you can know all about cars in India…from what to buy, where to look, what to consider, which cars are in India and who owns it…

And do you know that japanese car maker’s next move…Diesel Segment…thats what they are concentrating now…wow!!!

Actually i know very little about cars so i cannot discuss Torque, radius, milage, engines etc…but he said Tata, Swift Dzire are using Fiat’s Diesel Engine…It was a surprise for me as i thought Tata has a superb diesel engine patent…it isn’t a surprise but a blow actually…

Do you think of buying a new car juz have a look at this…

http://www.team-bhp.com/web/index.php?categoryid=12&p2_articleid=19

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Chrysler Bankruptcy!!!!Is GM following Chrysler???

“Despite substantial progress on many fronts, Chrysler was not able to obtain the necessary concessions from all of its lenders, which would have avoided the need for a bankruptcy proceeding.¬† As a result, under the direction of the U.S. Treasury, Chrysler LLC and 24 of its wholly owned U.S. subsidiaries today filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in U.S. Bankruptcy Court for the Southern District of New York.

“Even though total agreement was not possible, I am truly grateful for all that has been sacrificed, on the part of many of Chrysler’s stakeholders to reach an agreement in principle with Fiat,” said Nardelli. “My number one priority has been to preserve Chrysler and the thousands of people who depend on its success. ¬†While I am excited about the creation of the global alliance, I am personally disappointed that today Chrysler has filed for Chapter 11. This was not my first choice.” ”

The above passage were taken from http://www.chryslerllc.com/en/news/

It reads “We are building a vibrant new car company“….quite an inspirational homepage…

We cannot state the work and pressure that were experienced by Robert Nardelli and his team…

The 47th governor of Michigan, Jennifer M. Granholm’s work so far is truly outstanding in helping out the big threes and protecting the interests of the employees and their families.
At times, i have wondered and feel when will my country going to get the statesmen and women like them…

What puzzles me is how does Lehman‘s bankruptcy different from Chryslers’ though both are filed in Chapter 11 and moreover i am worried about whether General Motors will follow the Chrysler’s steps???