Tata motors launced new variant Indica

Tata Motors on Friday announced it has launched a new variant of its hatchback 'Indica', equipped with a dual fuel engine for petrol and LPG, priced Rs 3.27-Rs 3.42 lakhs (ex-showroom, Delhi).
The new 'Indica V2 Xeta LPG' would come with a 1.2 litre MPFI (Multi Point Fuel Injection) engine with two Electronic Control Units(ECU), the company said in a statement.
"The model is equipped with a dual fuel (petrol and LPG) engine, which reduces CO2 emissions by about 10 per cent, while delivering excellent fuel efficiency both in the city and on highways," Tata Motors said.
The engine of the car would meet Bharat Stage III emission norms and could be upgraded to Euro IV norms as well, it said.
"The Xeta LPG will initially be launched in two variants - GLE and GLS. The Xeta LPG GLE variant is priced at Rs 3.27 lakh (ex-showroom, Delhi), while the Xeta LPG GLS variant is priced at Rs 3.42 lakh (ex-showroom, Delhi)," the statement said.

TATA-JAGUAR LANDROVER DEAL

US car-maker Ford is likely to settle down the transaction with the India-based motor company Tata for the sale of the luxury brands, Jaguar and Land Rover, by the coming week(march 1st week).
Both the companies are expected to enter a deal valued around USD 2 billion next Wednesday or shortly afterwards.
The unions of both the companies also welcomed the deal believing that there is no immediate threat to the British jobs or manufacturing.
The official statement is being timed for after the Geneva Motor Show, so that the two companies can try to encourage their products at the key European auto showcase.
Ford nominated Tata as the favored bidder for Jaguar and Land Rover on January 3.