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Fiat Auto has agreed to sell it's Magneti Marelli unit's air conditioning business to Japenese electronic parts maker.
B.M.W has decided to sell it's Rover brand of cars .
Mercedesbenz,Fiat,Volkswagen,Ford,GM control the 60% of the market share of the cars produced internationally.
GM has 100% stake in SAAB brand of cars.
Chrysler is making cars compatible with Telematics with the help of which you can surf through internet ,get maps of the places ,play games and many things more which were not possible earlier.GM motors has already made a million vechiles compatible with OnStar services which also provides the service of Telematics.It is observed by country sources that the market of Telematics will grow from $4.2 billion to $47.2 billon dollars in 2010.
Mercedes Maybach is going to be launched in 2002 and would be a limousine which would be placed against Rolls-Royce Silver Seraph ,and other luxurious cars which include Cadillac.so happy motoring |
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