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Total 109 News Available in Tata Categroy
Tata Motors, India's largest car manufacturers is expecting that the ongoing rise in the commodity prices will affect its margins in coming months. Though the company is saying that it will try to offset this by hiking the price and cost cutting. As the the prices of row materials including steel, aluminum and copper have seen a considerable rise in recent past, auto makers finding it hard to sell their vehicles at same pricing. Besides this government of India has hiked the excise duty by 2 percent which has added additional pressure on car makers to increase the price of their vehicles.
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True to its commitment to world class service, Tata Fiat is set to continue its free service check up campaign in Mumbai on 13th and 14th March 2010. The Free service check is part of a nationwide service campaign for all Fiat customers. This nationwide campaign will mark the first comprehensive initiative under the ‘Fiat First’ banner. The free check ups will be held at nine of Tata Fiat’s dealer outlets in Mumbai. The dealer outlets that will offer the free service check ups are: Car Repair Shop (Worli), Wasan Motors (Kandivali), Wasan motors (Deonar) Fortune Cars (Nerul), Fortune Cars (Thane), Fortune Cars (Powai), Balaji Cars (Thane), Balaji Cars (Kalyan) and Bharti Automobiles (Jogeshwari)
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Daimler, the luxury car maker said on Tuesday that it has sold its 5.34 percent stake in the Tata Motors. The Daimler Motor company sold its stake to Tata Motors' biggest stake holder Tata Sons and other major investors like City-group for nearly Rs 1,863 crore. According to Daimler, Mercedes Benz (a subsidiary of Daimler in India) is doing quite well in India and the company is ready to capitalise on the growth potential of the Indian auto market without the help of the Tata group. According to company an equity participation of Daimler in Tatas in not necessary any longer and the move of selling the stake has been taken in full consideration with Tatas and as the relations between both of the companies are excellent, this sell will not affect the relations of both of the companies.
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Tata Motors India's one of the largest car manufacturer has said that there will be a considerable price hike from the month of April as the new emission norms are going to be implemented from the next month in India. Mr Rajiv Dube, Tata Motors passenger car division president said that there will be a price hike across the industry when the new emission norms will be implemented in India. “We cannot say now by how much the price will be hiked, but a hike is definite, as companies cannot absorb the extra cost in meeting the new norms,” Mr Dube added.
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Daimler, the German car manufacturer, has reported to sell off its stake in Indian auto company Tata Motors. According to a higlhy placed source, Daimler had sold its entire 5.34% stakes in Tata Motors for about $429 million. The former was selling off its stake in India's Tata Motors through block deals of more then 24mn shares.The deal was executed on Tuesday at a weighted average price of 758.45 ruppes a share, as per the Bombay Exchange data.
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Tata Motors today formally announced the launch of Tata Motors Service Edge, a comprehensive customer service initiative. Tata Motors Service Edge is constructed on three core customer-desired service attributes -- ‘Response in minutes, resolve in hours’; ‘Service with unmatched reliability’ and ‘Assured value for money’. A host of distinctive facilities are being offered to deliver each of these attributes to customers in the company’s nationwide service network of 800 service centers spread across 500 cities and towns.
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Tata Motors India's largest commercial vehicle manufacturer has registered a good sales growth in Domestic market. In last one year Tata Motors is going through a tough phase with declining sales of its recently overtaken JLR group. Besides this the company faced a very strong protest at its Nano plant at West Bengal. But now the company is seems to be leaving behind its bad phase with rising sales in both domestic and overseas market.
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Tata Motors has reported to launch electric version of the world's cheapest car Nano in Europe by the next two-and-a-half years. At the same time Tata Nano electric vehicle (EV) when launched will grow the company's electric vehicles portfolio. The new version of Nano Europa would be exported from India by the next two years, said the company sources. Tata Motors have made an initiative to introduce an environment friendly vehicle,says Ravi Kant Vice Chairman of Tata Motors. He also added that the introduction of the electric vehicle in all the major markets, but the costing of the car has not been decided yet. There have been no chance taken with compromising the environment friendly transportation for its customers.
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Tata Motors today presented at the 80th Geneva Motor Show the Tata Nano Electric Vehicle (EV), based on the award winning Tata Nano platform. When launched, it will expand the company’s electric vehicles portfolio, which already comprises the Tata Indica Vista Electric.
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Tata Motors’ total sales (including exports) of Tata commercial and passenger vehicles in February 2010 were 69,427 vehicles, a growth of 58% over 43,811 vehicles sold in February 2009. The company’s domestic sales of Tata commercial and passenger vehicles for February 2010 were 66,190 nos., a 56 % growth over 42,493 nos. sold in February last year. Cumulative sales (including exports) for the company for the fiscal at 567,535 nos., recorded a growth of 28 % over 444,095 nos. sold last year.
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Tata Motors today reported consolidated gross revenues of Rs. 26,774.44 crores for the quarter ended December 31, 2009, a growth of 46.7% compared to Rs. 18,246.60 crores in the corresponding quarter of last year. Introduction of new products and strong continued growth in the existing portfolio, along with government stimulus, a benign liquidity environment and overall economic recovery, have driven Indian operations demand revival during the current year. Tata Motors’ sales volume for the quarter (including exports) stood at 165,413 vehicles. This is a growth of 67.5% over sales of 98,760 vehicles in Q3 2008-09, which witnessed steep decline in volumes impacted by the financial crisis.
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Tata Motors, India's largest car manufacturer is all set to launch its new crossover Tata Aria in the country by the end of second quarter, this year. Though the company hasn't disclosed the price of the Tata Aria model but it is expected that it will be launched in India in a price range of Rs 12.5- 14.5 lakh. Tata Aria is the first-ever crossover in India which has four-wheel drive option in it. The New Tata Aria model was showcased at Delhi Auto expo, last month where it attracted large number of visitors. Tata Aria model has a unique design and construction which makes it attractive as well as comfortable. On the other hand the interior of Tata Aria model is coming with three rows of theater style seating which gives a luxurious surrounding of premium features.
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Tata Nano, the smallest and cheapest car in India is now all set to be showcased in the US car market which will be displayed by Cooper-Hewitt National Design Museum. The car will be displayed at Great Hall at 2 East 91st Street in Manhattan by Cooper-Hewitt National Design Museum starting from Thursday. Showcasing of Tata Nano by Cooper-Hewitt shows that the car has not only attracted automobile enthusiasts around the world also but also caught the imagination of the common people. Cara Mc-Carty, curatorial director of Cooper-Hewitt National Design Museum said that “The Cooper-Hewitt is showing the Tata Nano because, as the world’s most affordable car, it is a design achievement”. Tata Nano will be displayed till April 25, at the Cooper-Hewitt.
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Tata Motors, India's highest revenue earning automaker has replaced Hyundai India as India's second largest domestic passenger car selling company , said company officials. As Maruti Suzuki India is poised on number 1 spot with about 54% market share, the second position is always been a competitive spot for major domestic car manufacturers like Tata Motors, Mahindra & Mahindra and Hyundai India. It took 2 years to Tata Motors to regain its position as India's second highest passenger car selling company, officials added.
In the passenger vehicle segment, Tata Motors sold 31,081 units last month which accounts for a growth of 48 percent compared to sales in January, last year, as per the data provided by Society of Indian Automobile Manufacturers (SIAM). At the same time Hyundai India sold 29,601 units in passenger vehicle category in its last month's sales. But the show stopper was Maruti Suzuki which sold a whooping 81,087 units last month, much higher than Tata's total domestic sales.
One of India's most popular and most news gathering car Tata Nano is now available in used car market too. The car was launched in the month of March last year and it first hit the Indian roads in the month of July09. Then what made the Tata Nano to enter in used car market so early. According to market watchers it is a combination of many reasons which made Tata Nano to enter just in 5-6 months to its launch. Where some users believe that driving Nano is some what below status to them, others are blaming the lack of passenger comfort for its early entrance in used car market.
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The rise in prices of inputs has forced the car makers to increase prices of their models. It’s not only Maruti which has raised the prices of its models; there is hike in the prices of Tata Motors’ Indica and Indigo, and Mahindra and Mahindra’s Xylo, Mahindra Scorpio and Mahindra Bolero. The raise in the prices of Tata Indica and Tata Indigo will vary from Rs 5,000-8,000. Utility vehicle maker Mahindra and Mahindra has also raised the prices ranging from Rs 6,400 and Rs 9,300 on its Sport Utility Vehicle. While its Utility Vehicle Xylo price is increased by Rs 4,600, Bolero sees Rs 4,800 hike.
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Tata Nano, world’s cheapest has bagged the award of Auto car India 2010’s’ Car of the Year. On this achievement Tata Sons' chairman Ratan Tata said that recognition they had achieved was for the full team and now they had to work harder to meet up expectations. There were different categories in Auto Car India Awards 2010 like Best Value for Money Car, Best Design and Styling, Best Variant of the Year, Car Ad of the Year, Manufacturer of the Year, etc which were given to the best and the most deserving contributors to the Indian auto market.
Tata Nano, the world’s cheapest car is being modified to make it readable for sale in U.S. The car is going under the process of modification to meet emissions and safety standards of U.S. The company has not disclosed the price but it is expected that the price would be more than the price charged in India. Ratan Tata, chairman of Tata group of companies has said that the car would take three years for US distribution. Before Tata Nano can be sold in US the car’s 623cc would have to be retrofitted to meet U.S. pollution standards. The few things that have to be modified like airbags have to be added, the roof has to be strengthened and the front bumper has to be lengthened.
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Tata Motors is mulling to launch its concept luxury saloon model Tata Prima at the forthcoming Auto Expo 2010. The concept car was displayed at the Geneva Auto Show 2009 for the first time. The saloon model was designed by Italy based design studio Pinanfarina. However, official comment is awaited but sources close to the Auto Expo development confirmed the news. The car is expected to be introduced in India in next two-three years. On the other hand, the model will be shortly available in European market.
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Tata Motors, one of the largest auto maker in India, is expected to launch a couple of new vehicles at the up-coming Auto Expo. According to sources, the new launches will include Tata Indicruz and Tata Indica Vista Igins. Apart from these, the company will launch a Jaguar-branded luxury saloon. The Tata Indicruz is supposed to be a crossover utility vehicle (CUV) and might be priced at Rs 6-8 lakh in India. The CUV is to be pitted against Chevrolet Tavera, Mahindra Xylo and Toyota Innova. The Indicruz was displayed at Geneva Auto Show in 2005. The CUV is reported to be based on Tata Indica Vista platform.
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Tata Motors, one of the India's largest car manufacturer will showcase its Tata Indicruz model in the Delhi Auto Expo, starting 5th January next year. The Tata Indicruz model is expected to be officially launched in the first quarter of next year by the company. Tata Indicruz is a MUV (Multi Utility vehicle) that has been designed to provide a multi purpose vehicle which can be drove in cities as comfortably as in off road journeys.
The Tata Indicruz model has been manufactured at the platform of Tata New Safari model and it is coming with the same 2.2L Safari Dicor engine. Besides the latest engine the Tata Indicruz model is coming with all new safety features like antilock braking system and multiple airbags. It has been designed with a new and stylish exterior designing while the interiors of the car are comfort providing and spacious.
car at the cost of Rs 1 lakh by Bajaj seems to come an end, so far. This news also gives impression that there would be no contender for Tata Nano in India. It is to be mentioned here that Bajaj Auto was to come up with an Ultra Low Car (ULC) in collaboration with Nissan and Renault. However, the things could not be managed by the partners and several differences occurred during the ground level itself. The partners could not come to any decision on brand name and components. Bajaj Auto wanted to brand the car by its name only. Finally, Rahul Bajaj, chairman of Bajaj Auto, told in an interview that the company will not launch any car in India as it has many other things in hand to complete on priority.
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Believe it or not! If you want to own a latest Tata Nano, you will have to pay around Rs 1 crore. This new Tata Nano is designed by automobile designer Dilip Chhabria. It will have a bigger engine that is 1,600cc which develops a peak speed of 200 kmph supported by a seven-speed triptronic gear box. This very stylish car will be fitted with the Ferarri and the Lamborghini like doors which open towards the sky. Like other machines nowadays, the doors of the car would be opened through biometric check. Contrary to 12 inch wheels, the new Tata Nano will have 17 inch alloy wheels.
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Its a festive time for Tata Motors’ premium car division Jaguar Land Rover (JLR) as it is driving out of the demand slowdown. According to sources, the company’s Land Rover range of models now have a six months waiting period. The demand for these range of products has spurred months after JLR announced its new business strategy in September. In this strategy they disclosed their plans to come up with more fuel efficient products. Before September the company's manufacturing capacity utilization was less than 60% due to 25-30% drop in demand but since last two to three months Land rover range of products have gone through renovation with more fuel efficient engines.
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India’s largest vehicle maker, Tata Motors expects sales of its sports utility vehicles to rise by 60 percent to 4.000 units a month, following the introduction of an upgraded version of its Sumo model. On Monday the company had launched the Sumo Grande MK II which will replace the Grande MK I and will cost around Rs 25K lesser than the outgoing model at Rs 6.43 lakh (ex-showroom Delhi). Rajiv Dube, head of the passenger vehicle division said that they are currently selling between 2,500 to 3,000 utility vehicles and expect it to increase by 1,000 vehicles a month.
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Tata motors had designed world's affordable car and will be on view at prestigious Smithsonian's Cooper -Hewitt Design Museum in New York from February 18 to 25 April 2010.
Latest yellow color designed by Indian Tata, will shown by diagrams and short film announced by Smithson's Institution on Friday. The meaning of Nano was only described its technology small size and small price, Tata Nano has planned to launch new version of Nano in European and American markets.
"Cooper Hewitt's mission is to present affordable with the latest development and Tata Motors has introduces more families in the country which is affordable" said by CaraMcCarly. He added that' we are pleasure to introduce Nano in our museum where visitors can easily see the world affordable car.'
Tata Group is now planning to come up with the hybrid versions of its Tata Nano, which is taged as the world's cheapest car with the aim to join in the environment-friendly trend. Ratan Tata, chairman of the Tata Group, told that low-priced goods would create stronger demand than high-end products in India, and the so-called low-price revolution would continue across the world. Tata Motors which is India's biggest vehicle maker, saw the car industry's future lying in economic-friendly models. The chairman did not commented on the possible launch of cheap hybrid versions.
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The wafer-thin margins of component suppliers to Nano are undergoing pressure with Tata Motors not compensating them for moving facilities from Singur to Sanand and also with the slow speed production at the Pantnagar facility. The compensation issues were related to the fresh investment some vendors had to make at the Sanand facility, when they had already invested at the previous site in Singur, West Bengal. Since the margins on Nano parts are thin, parts suppliers need huge volumes to make profits.
Angad Paul, CEO of the Caparo group found this year very painful. But Angad Paul is intending to look forward at the long-term benefits Tata group can bring. Tata Motors maintained that the compensation issue is under discussion. The company and the vendors are engaged to have a word on the cost of manufacturing and the cost of shifting facilities.
West Bengal Commerce and Industry Minister Nirupam Sen on Thursday said that if state-run Bharat Heavy Electricals Ltd (BHEL) selected the land abandoned by Tata Motors in Singur, the state government would acquire it from the auto major. Nirupam Sen also said that if BHEL selects the land, they will begin the process to get it released. Senior BHEL officials had on November 12 inspected the land at Singur in Hooghly district, 40 km from here, to consider setting up a power generation plant.
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After the launch and success of Tata Nano, several auto makers challenged the world's cheapest car by fixing lower prices of their small cars. But now the biggest wonder has appeared in the form of EcoCa Ltd-London based engineering and design firm. The company, EcoCa, has developed the prototype of the cheapest car. The new small car would be a two-seater car with automatic gearbox and convertible roof. It weights only 330 kg very less against Tata Nano's 635 kg. The initial fuel efficiency is around 27-28 kmpl as against 23.6 kmpl of Nano. The prototype has a peak speed of 70 kmph, much lower than Tata Nano's 103 kmph.
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Tata Motors said on Tuesday that the upcoming Gujarat factory for the Tata Nano will start it's trial production in the fourth quarter of this fiscal year. PM Telang, India MD for Tata Motors, said work was on at the new factory site for the Tata Nano at Sanand (near Ahmedabad) where the company decided to move late last year after it had to vacate the Singur land in West Bengal, following protests over land acquisition spearheaded by Mamata Banerjee’s Trinamool Congress.
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Tata Motors will be introducing the electric variant of its hatchback model Tata Indica Vista by early 2011. In coming 12-14 months, Indian auto market will see the electric model shining on roads if there is enough demand in the domestic market. Presently, Tata Motors is developing its electric model for Danish, Norwegian and British market where exists infrastructure to support electric cars as well as a robust demand in the market.
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Tata Motors will commence a feasibility study before launching the electric version of Tata Indica in India. The motive of the study would be present market demand and cost equation in domestic arena. Tata Motors is developing the electric version of Tata Indica in collaboration of a Norway-based company. The electric Tata Indica would be introduced in the European market by 2011.
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Tata Motors one of India's largest car manufacturers is expected to shut down its commercial vehicle plant in Pune for three days starting from November 13 to November 15. The Main reason of this shut down is shortage off a critical engine component.
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Tata Motors India's one of the largest car manufacturer is Planning to show its famous and long awaited MUV vehicle Tata Xover in Indian Auto Expo in New Delhi. The Delhi Auto Expo is expected to start from January 2010. It is expected that the Tata Xover model will be priced in the range of Rs 6 to 8 lakhs. Launch of the Xover model is expected to be in the middle of the next year.
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The countdown is begun already. Tata Motors is, finally, going to launch Tata Manza in India. This festival offering will be unveiled in Mumbai by Ratan Tata, chairman of the company. In fact, the company has modified the Tata Indigo and some new features and designing change has been made to shape a new car model- Tata Manza. The company has used the same platform for the car which was there in Tata Indica Vista. Tata Indigo new avatar will compete with the likes of Mahindra Renault Logan and Maruti Swift Dzire. The car is believed to be priced at Rs 5.5 lakh (for entry level) and Rs 7.5 lakh for the high end diesel model. The car sports both engine options- 1.4L petrol engine and 1.3L multi-jet engine. The engines develop a maximum power of 95 Ps and 90 Ps respectively. The silent features of the cars include finest interior space, large boot space and steering mounted controls.
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The news in the car market is that all Tata Nano to be delivered to the anxious customers will again undergo a final audit check for any faulty switches. The company will conduct pre-emptive audit check before delivery as well as for yet-to-be delivered cars as a precautionary measure, said a Tata Motors speaker.
Tata Nano new models caught fires at three sites so far that is in Ahmedabad, Lucknow and Delhi. Customers from Ahmedabad and Lucknow have already contacted the dealers and brought the cars to the showrooms for repair while the Delhi customer has instead lodged a complaint with the police citing manufacturing defect as the reason for the mishap.
Tata Motors, the leading auto manufacturer of the country, has launched its much awaited and ambitious Tata Manza in Mumbai. This launch is the new model of Tata Indigo. Tata Motors Chairman Ratan Tata unveiled the festival gift for the customers. The entry-level sedan has been launched in four variants- Aura (ABS), Aqua, Aura and Aura plus. The base petrol version is priced between Rs 4.8 lakh and the high end diesel version has a price tag of Rs 6.75 lakh. It comes in seven stunning shades. Tata Motors officials informed the reporters at the launch that existing variants of Tata Indigo, Tata Indigo Marina, Tata Indigo XL and Tata Indigo CS, would be sold side by side. Tata Indigo, launched in December 2002, has seen a great success in the entry-level sedan segment till 2008.
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Tata Motors on Wednesday drove in an all-new version of its Indigo sedan 'Manza', the vehicle priced between Rs 4.8 lakh and Rs. 6.75 lakh. The Tata Manza, will be available in both petrol and diesel versions and it also carries features like collapsible steering column, anti-lock braking system and frontal airbags.
Tata Motors Chairman Ratan N Tata said, "The Tata Manza is a modern, contemporary sedan on a new car platform that has the potential to emerge as a class leader."
The brand new Tata Manza is so very different from their $2,000 Tata Nano. With this, Tata Motors enters and are ready to compete with other mid-size offerings like Ford Fiesta, GM's Chevrolet Aveo, Honda City and Maruti SX4. It is endowed with Bluetooth connectivity, power outlets for recharging laptops and cell phones, an outdoor temperature sensor and three barreled headlamps.
Tata strategy has been to try and cover all the bases despite knowing that 76% of the cars sold in India are compacts and this situation few expect to change anytime soon. Henceforth, 11 of 14 car launches planned in India for 2009 and 2010 are compact cars, according to Care Ltd, a research and ratings agency based in Mumbai. But Tata Motors are optimistic and they have began selling Jaguars and Land Rovers to India's urban elite just after three months of Tata Nano launch.
"There is no other manufacturer in the Indian market offering such a comprehensive range of products,'' Dube said. Data since April reveal that Indians have bought 117,863 mid-sized cars, a rise of 3.2 per cent from the same period last year. But they purchased 523,038compact cars, 22.7 per cent more than during the prior period.
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Indian auto lovers are graced by several launches in September and October. On 12th October, General Motors launched Chevrolet Cruze and BMW Z4 Roadster was also launched. Now another car is going to be introduced in India. The new launch is Tata Manza from Tata Motors. Obviously, the competition is going to be stiff for now, mainly due to festival season. Tata Manza will be launched on 14th October. In fact, Tata Manza is a new avatar of Tata Indigo. Though the platform will be of Tata Indigo Vista. The company started several programmes in the form of promotion but details about the mid-size sedan is still awaited. Even the pricing is out of agenda. But industry experts predicts the pricing to be in the range of Rs 5.5 lakh to 7.5 lakh.
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Even after 18 months after they announced plans to roll out a rival to Tata Nano, the ambitious ultra low-cost (ULC) car project of Bajaj Auto, Nissan and Mahindra Renault seem to have reached no where. The three companies had come together for jointly developing and launching a budget car with a price tag close to Tata Nano but still are unable to work out a concrete product plan. They also not have much confidence on the expected demand for such a product. Colin Dodge, global executive VP for Nissan, informed that it was turning out to be a “very, very difficult” project for the companies.
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TATA Motors, our very own car maker have yet again come up with a new car, Tata Manza, which is considered as an upgraded version of the Tata Indigo Vista. Tata Group Chairman, Ratan Tata would unveil the new car on Ocotober 14 in Mumbai. To create a positive hype and market an imposing launch, Tata Motors has started a contest on official teaser website named indulgeinmanza.
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Beating the global downturn, Indian auto companies registered positive sales growth in their respective segments. Tata Motors, Maruti, Ford, Fiat, Hyundai and General Motors sold a good number of vehicles in India in September. Tata Motors enjoyed the same increased sales figures in the month. It posted 5.77 per cent growth by selling 52,513 units as compared to 49,647 units in September last year. As far as passenger vehicles are concerned, the company registered 9.59 per cent improvement at 18,176 units against 16,586 units the same month in 2008. only one area was not up to the mark that is export. The vehicle export lowered by 35.12 per cent at 2,863 units as compared to 4,413 units in September, 2008. Tata Sumo, Tata Safari and Tata Indigo recorded negative sales figures in the month. On the other hand, Tata Indica range became the best seller for the company and sales increased up 15 per cent against September last year.
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Tata Motors is geared up to launch its new Tata Indigo, named as Tata Manza, on October 14. The company has used the same platform for the car which was there in Tata Indica Vista. Tata Indigo new avatar will compete with the likes of Mahindra Renault Logan and Maruti Swift Dzire. The car is believed to be priced at Rs 5.5 lakh (for entry level) and Rs 7.5 lakh for the high end diesel model. The ambitious new model, Tata Manza, will be launched in the financial capital of India, Mumbai, by Chairman of the company, Ratan Tata. The car sports both engine options- 1.4L petrol engine and 1.3L multi-jet engine. The engines develop a maximum power of 95 Ps and 90 Ps respectively.
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Tata Motors is now ready to rolled out its small car, Nano in the early next year. Tata wants some of its customers to get the feel and touch of this most awaited model that will be rolled out from Pantnagar based manufacturing plant of Tata in Uttarakhand.
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Tata Motors said today that they had sent prototypes of its Rs. 1 lakh car, Nano from its Pantnagar based manufacturing plant to three cities in the state for test drive. Mr. Nagbhushan, Head of Tata Motors' engineering department, said that three prototypes of Nano have been sent to Dehradun, Almora and Ranikhet where the test-run of this car would be conducted. Tata Motors would start booking for Nano from March next year, he added.
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The Jaguar and Land Rover brands owner Tata Motors, launched the Freelander 2 at its flagship showroom on September 22. The compact sports utility vehicle from the Land Rover stable will be available in three variants and will be priced between Rs 33.8 lakh and Rs 45 lakh.
Officials said it would be positioned as a premium product targeted at specific customers. Mr Rohit Suri, Head, Premier Car Division said that Tata Motors expects a strong uptake and currently there is no waiting time for the Freelander 2.
Tata Motors has been in talks with its vendors, after it decided to relocate its ‘dream car’ project from West Bengal to Gujarat. Tata Nano vendors have already started setting up units in Sanand. Nearly 37 vendors have already been allotted land.
A Tata Motors spokesperson told that the Tata Nano manufacturing complex site in Sanand belongs to Tata Motors and most vendors, accounting for 95 percent of the supplies, have agreed to land allotments.
Tata Indica Vista will in 2009, become the second electric car to be exported from India since the Maini Group started selling its Reva as G-Wiz in Europe about five years ago. Tata Motors will roll it out soon. It is Tata Motors ambitious and costly project as its estimated cost goes to £20-million (Rs. 160 crore). It will begin in Norway and later target it for other Scandinavian markets.
The Indica Vista EV has been designed and developed by Tata Motors European Technical Centre. The car will be assembled in Norway from semi-knocked down kits imported from India as an application by Tata Motors has been given to the commerce ministry revealing that. It is confident that the project will turn profitable within four years of start of production.However,there is no plan to introduce the electric variant in India, a Tata Motors official informed.
"In future, Tata Indica Vista EV could be manufactured in India if sales volumes justify," the company said in its application to the government which also stated that the car will have a top speed of 151 km an hour, maximum power of 55 kw at 4,000 rpm and 190 Nm of torque.
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Tata Motors is ready to launch face lifted model of Tata Indigo CS during October in India.The company is also planning to launch a new Indigo sedan in India. This model will sport new headlamps with blinkers, side indicators on powered mirrors on the exteriors. The interiors features are novel and smart, new wooden finish centre console, new leather wrapped steering wheel, new door handle caps, sporty pedals and six-powered electric seats.
Tata is targeting youth working for corporate with a limited budget who wish to own a good sedan. The model is already quite successful in the country as it was engineered to benefit from tax exemptions.
Tata Motors may not pick up a majority stake in Italian car design firm Pininfarina. The Tata Motors is now looking at picking up minority stake when Pininfarina opens an India centre. The family owners of Pininfarina recently announced that it is planning to sell a majority stake in the company to pay the debt that totals more than e600 million.
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According to the recent reports Tata is ready to launch a brand of its most popular car Tata Indica Vista. The new brand will be named as IGNIS and will be the fourth variant of Tata Indica Vista.
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Tata Steel who already provides skin panels to Tata Motors, Hyundai, Maruti and Honda Siel Cars India Limited is in talks with Toyota for supplying skin panels for the company's (Toyota) new small car to be launched in India, said a senior Tata Steel official, admitting that the company is in discussion with Toyota Kirloskar Motor (TKM), the Indian joint venture of the Japanese car maker with the Kirloskar Group.
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Now more luxury cars is planned to be introduced in Indian car market. World class cars Ferrai and Maserati is going to be rolled out in India through Tata-Fiat collaboration. A news report says that both the partners will market Ford brands, Ferrai and Maserati, with launching Tata Nano in Latin America. Tata group chairman Ratan Tata said that the two partners are working out for further cooperation to add to existing projects such as a partnership to produce engines in India.
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The most awaited world's cheapest car, Tata Nano finally hits the Indian road on Friday, as its first customer got the keys of a vehicle that its manufacturer hope will transform travel for millions of Indians. Ashok Raghunath Vichare is the first customer of Tata Nano who took the delivery of a lunar silver colored LX variant of Tata Nano. The keys of the Tata Nano is handed over to its first owner by Tata motors' Chairman Ratan Tata.
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Today on 16th July, India's largest auto manufacturer Tata Motors said that they are going to deliver the first Tata Nano on Friday. Tata Nano is well known as the world's cheapest car and it is already much delayed for Indian market. Tata Motor' Chairman Ratan Tata had showcased this model at an auto expo in New Delhi in January last year, but the first phase of customer bookings for Tata Nano started in the month of April this year. This project was much delayed due because of violent protests by the farmers due to land disputes at its planned site in Singur. Tata Motors has assured the price protection for its first 100,000 customers, for whom the cars will be available at Rs 1,00,000, excluding taxes.
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Tata Motors official said that its most eagerly anticipated and much delayed car - Tata Nano is now ready to hit the Indian road by July end. Tata Motors started delivering Tata Nano to its dealers and it also send the allotment letters to customers who got place in the first list. One of the Tata Motors' dealer based in South Mumbai said that all customers who are selected for the first phase of delivery, have been informed about the delivery schedule with their allotment letters. Tata Motors expected that the delivery schedule that it made to deliver Tata Nano will be completed by the end of next year.
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Wait is over, the first batch of 50 units of Tata Nano were shipped to Hyderabad by railways. Tata Nano were delivered from the Pantnagar based manufacturing plant of Tata Motors in Uttrakhand. Tata Motors is currently working on to manufacture its mother plant for Tata Nano in Sanand in Gujarat but till then the production od Tata nano is being carried out at its Uttrakhand facility.
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Tata Nano customer will be happy whether he gets the car or not. Yes, experts says that the loser in the lucky draw will get better returns than a fixed deposit on Tata Nano booking amount as the reverse repo and repo rates cut down by RBI. That means a customer, who couldn't get through in lucky draw, will get a higher return for retaining the booking amount for the next draw i.e. 8.5% than a fixed deposit in a bank i. e. 7-8%. Tata Motors will give 8.5% interest for people who have to wait for their car delivery between one to two years and 8.75% for over two years.
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Tata Nano, the worlds cheapest car, getting good respone of corporate world. The company recently started corporate bulk booking offer. So far, Shree cement is on the top as it booked 1,000 cars. Shree Cement booked a record 1,000 units Tata Nano through corportae bulk booking offer. It is expected that the first delivery of 200 cars would be done betweem July 2009 and June 2010. The rest 800 units of Nano will be alloted later.
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A UK Prof suggested that Tata Motors should designed Nano as an electric car. Prof Simon Boxall, who teaches Oceanography at the University of Southampton, told that if China can produce electric car for mass than why can't India. He went on saying that government should ban the production of every kind of car besides electric car. The Prof was delivering a lecture on the 'Climate Change: From clues in the Arctic to the impacts in India' at the British Library on Monday.
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The controversial issue of Tata's Singur plant is still alive as the vendors calculating the production number of Tata Nano. The Nano Vendors expect that the booking number will cross 5 lakh, then there will be an urgent need of other production plant. In that case the company may decide to resume the abandoned plant which is near to its present factory at Sanand near Ahmedabad. They believes strongly that it might come true soon.
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Want to drive Tata Nano before you get the delivery of the car! Ok, for that you must visit the Tata Nano official website. There you can choose the colours, wheels, decals, enhancing headlights and fog lights of the car. Now you can drive your dream car Tata Nano in an online game which is developed in association with Zapak Digital Entertainment Limited. The game will be online for two months. Chief marketing officer of Zapak Digital Entertainment Limited Mr. Arun Mehra said that the Nano website has received 25 million hits since the launch of the car on March 23, 2009.
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A sentimental man could not hear no for Tata Nano and ended his life. This incident happened at Agrico Colony in Jamshedpur. Arun Kumar Tiwari, a small-time LIC agent, hanged himself at his home when no one was in the home. The reason was inability to get a Nano. So he asked his wife, Dulari Devi, to pay the instalments but she denied. Dulari earns around ten thousand a month.
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Banks made arrangements with Tata Motors for the finance of its recently launched world's cheapest car Tata Nano. Banks had made minimum eligibility criteria to ensure that the low-middle class remains attracted for the Tata Nano loan schemes.
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Tata steel is now eyeing on supply of external body panels to Tata Nano. The company is already supplying internal components for the car. Anand Sen, vice president, flat products, Tata Steel, said, We are in discussions with Tata Motors for supply of external body panels to Tata Nano. We are already supplying internal components for the car." Tata Steel has already set up a dedicated production line at its Tubes Division in Jamshedpur to manufacture hydroforma tubes for Nano.
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Tata Nano LX (BSIII) was officially unveiled in Tripura on Friday. It is to be mentioned here that booking for the world’s cheapest car started yesterday across the country. Chairman of Tripura State Pollution Control Board, Mr M K Deb unveiled the Nano model at motor's show room here. The minimum ex showroom price is set at Rs 1,32,568 while the maximum is Rs 1,89,737, the official said.
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Booking for Tata Nano started on Thursday across the country. Officials told that response was above expectations from each and every outlet. The booking signs are encouraging," a Tata Motors spokesperson told reporters. The bookings will conclude on April 25. The company will bring only 100,000 vehicles for the first phase. So a lottery will decide the lucky ones who will possess the Nano.
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Corporation Bank announced a special scheme for financing of booking amount for the Tata Nano. The bank will finance 100 per cent of the booking amount for all the variants at 10 per cent a year.
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If you take loan for the Tata Nano from Bank of India, you will not be charged any interest. This is told in a press release of bank. It said that Bank of India, which is not one of the preferred lenders for Tata Nano, has come out with a moratorium scheme for auto loans. This scheme will ensure that its customers don’t go to other banks for loans for the Tata Nano.
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Tata Nano is attracting everyone in Punjab. On the very first day of its unveiling about 1500 booking forms has been sold. Tata Motors territory manager Manoj Arora informed that all the company’s seven dealers in punjab are receiving good response from customers.
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Tata Motors’ cost-free summer check up campaign has started in different cities. In this campaign free check ups, smart repair concessions, and expert suggestion is offered. The campaign has started in cities like Delhi, Ghaziabad, Gurgaon, Faridabad, and Noida from 2nd April.
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Tata Motors is again thinking over Singur land. This time it responds in affirmative after state principal industry secretary Sabyasachi Sen said the world’s smallest car would be made there. Recently there came a lot of positive statements about Tata Nano from the West Bengal (WB) government side.
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Tata Motors is again thinking over Singur land. This time it responds in affirmative after state principal industry secretary Sabyasachi Sen said the world’s smallest car would be made there. Recently there came a lot of positive statements about Tata Nano from the West Bengal (WB) government side.
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Tata Motors signed an MOU with Canara Bank for providing a single window for both cars as well as car loans and with its effect car buying will be easier for customers
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Tata Motors Ltd March 2009 domestic sales nos. were 13% lower than that of March 2008, but rose 24 per cent from February as stimulus measures kicked in.
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India's leading car manufacturer Tata Motors has entered into a tie up with State Bank Of Travancore for financing its passenger vehicles. The tie-up came after a series of tie-ups by Tata Motors with many PSU banks for financing its passenger vehicles. Before this Tata Motors has made tie-ups with one of the largest PSU banks like State Bank of India, Corporation Bank and Union Bank of India. Tata Motors is launching Tata Nano on 23rd of March 2009 and this tie-up will help buyers of Tata Nano in gating car loans.
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Luxury car manufacturer Audi has raised suspicions about the entry of Tata Nano in the European market. According to company the European safety standards are of a very high level and it may be not possible for Tata Nano to achieve these safety standards in this price range. Interestingly recently Tata Motors presented European version of Tata Nano, Nano Europa in the Geneva Motor show.
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Leading car manufacturer Tata Motors has received more concessions from Uttarakhand govt. Tata Motors has its Nano plant in Uttarakhand and the first lot of Nano is expected to roll out from this plant. Recently the government of Uttarakhand allotted lend of around 1,000 acres for Tata Motors Nano project on subsidised rates. and now government has decide to allow Tata Motors to Sub-lease that land to its Vendors.
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The world’s cheapest and the most anticipated car Tata Nano launch on 23rd March. Tata Motors is finally decided to launch Tata Nano on 23rd March. Tata Nano will be displayed at Tata dealerships from the first week of April 2009 but its booking will be started by the second week of April. It is expected that Tata Nano launch revolutionise the auto industry that has been generated immense interest in India and abroad.
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Tata Motors may launch its most awaited car Tata Nano on 3rd March. Government officials said that Tata Motors had chosen 3rd March to launch Tata Nano as it is the birth anniversary of Tata Group founder, Jamsetji Tata. However, when we contacted to a spokesperson of Tata Motors, he said, "We have not announced any official date or any marketing plans for Tata Nano launch."
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Tata Motors denied payment problems after the recent non payment accusations in media. According to Tata Motors said that the payment of purchases from vendors have been paid immediately through an arrangement with banks.
Under an agreement between the company, banks and vendors, known as the Bill Marketing Scheme, the bank pays the vendor for purchases by Tata Motors and the company pays the banks after some time, said the company’s managing director Ravi Kant.
Tata Motors leading Indian auto maker is according to news reports facing non payment accusations from vendors and suppliers. In recent past Tata Motors was involved in some foreign acquisitions. As it is looking these collaborations resulting as a costly dicision for Tata Motors.
Although almost all auto sector players are dealing with low sells and credit crunch but this news is unique of its type and with this news Tata Motors is also seems to be joining the group off auto giants who are cutting production and asking for bailouts.
Tata Nano booking will start by the end of February. Tata Motors decided the Tata Nano booking amount around Rs 70,000. But, even after paying 70% of the total cost of Tata Nano, customers might be wait quite long. According to the sources, all dealers of Tata Motors and all branches of State Bank of India (SBI) will accept Tata Nano booking simultaneously across the India from the February end. SBI will initially engaged its 100 branches and will take the number eventually to 1,000.
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According to reports Britain’s business secretary Peter Mandelson will meet representatives of the UK auto industry on Wednesday to discuss a bailout package for auto industry of UK.
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Volkswagen is all set to launch its economy car beetle in India by middle of 2009. Beetle is one of the oldest brands of cars and it also called the people’s car because of its economical cost.
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Maruti has been number one company of the country‘s auto sector. It had made a record in the highest sales ever before. 71,779 units were sold in last year and company was able to book 71,772 cars. Maruti‘s sales graph was seen high with 5.4 percent as compared to the last year. Company sold 67,005 cars in India. Company is making records year by year .These figures revel company’s growth.
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Tata motors net revenue dipped by over 34.4% in last quarter. News is not so surprising at the time when global auto players badly suffering by sharp fall in sells because of falling demand.
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Tata motors has announced its january sales on monday. According to company officials, its total sales declined by 33 per cent to 36,931 units in January 2009 from 54,796 units in the same month last year.
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The India based automobile industry giant TATA Motors has started fianlizing its plan which was in pipeline off late. The top executives of TATA Motors have hinted that the company has begun to finalize the plan of retailing of its recent acquisition from UK- the top brand Jaguar-Rover Portfolio.
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Tata Motors has started a 24x7 on road assistance program’ for Tata motors customers.
The service is started to provide its customers an all time service in the event of any unfortunate vehicle breakdown. The toll free no. for service is 1800 209 66 88.
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are now decisive to launch the new Tata Nano in India with their nearly 80,000 models till by the march of the year 2010. It is the Pantnagar plant for the company from where will be rolled outthe New Tata Nano - the lessest costlier car of the world.
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British governement put its return responce that they had not discussed the plans for the Tata-owned Jaguar Land Rover (JLR). Another way they are saying that they are willing to discuss about the plans.
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After the infamous journey, including the shift of the Manufacturing plant, the most eagerly anticipated and much delayed car - Tata Nano launch in February. Tata Motors is ready to launch Tata Nano in February in Indian market. Both models of Tata Nano, base model and luxury/delux model will be available at the dealer showrooms by the end of February.
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It is expected that the Tata Motors will come up with nearly 80,000 Nano cars in the year session of 2009-10 and also is expecting to launch these cars by the end of the February. The Pantnagar plant of the company at Uttarakhand is the expected area for the production of these car models all before the real production house that being Sanand plant is ready to work upon.
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Tata Motors are launching their pre-decided car programme regarding Tata Motors Assured. This used car business has been launched in the country on a commercial basis all through nearly 15 dealers situated in nearly 10 different important cities of the nation. These major cities include Mumbai, Delhi, Bangalore, Hyderabad, Chennai, Pune, Ahmedabad, Chandigarh, Ludhiana and Vapi.
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Tata Motors are thinking to take over the acquisitions of Rs.92 billion investments which the company initially made to have the Jaguar Land Rover group brands. These acquisitions will be made in accordance to the Ford Motors in corelation with Land Rover cars.
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After the infamous journey, including the shift of the Manufacturing plant, the most eagerly anticipated car of 2009 - Tata Nano launch and booking date has now decided. Sources placed on top Tata Dealers said that Tata Nano launch date is fixed on 26th January in India. Tata dealers and Auto experts said that Republic Day would be a preferred date to launch Tata Nano. Thus, the Tata Nano is now ready reach the homes of the People, but Tata Nano booking will open from March 2009.
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Tata Motors are now coming in the market with their new car which will going to run on compressed air. It is expected that this is going to be a car with all zero emissions. It will be launched after the cheapest car Tata Nano comes to the market.
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Tata company has decided to launch some limited editions of Indica Vista. The company was decisive to launch the model variant some 10 years ago, and even at present it is on operation with its selling process.
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A third petition is filed in Gujarat High Court by the farmers of Bol village in Sanad Taluka where the manufacturing unit is coming up. The farmers of Bol village are demanding for compensation for land sold by the state government to the Tata for the Nano Car Project.
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Tata motors are all decessive to raise the money from by Rs.150 billion by making benifits from the exisiting Rs.130 billion, and that too by raising the sale through the equity shares of the company ina telecom arm.
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It is going to be the first time that a Indian brand name is going to come on these Ferrari cars and on those race tracks. According to the officials the deal is been made connfirmd between the Ferrari and the Tata, now the only work needed to be done is confirming the deal along with the duration for which it is to be worked on.
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The Tata Group has announced a closure for three days from 5th to 7th December, at its commercial vehicles centre situated at Pimpri; a vehicle unit plant is again seems to be going to get shut down for from the period of 23 December to 30th December
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Tata Motors are now going to make the money from their possible public borrowing so that they can raise their funds to Rs.2,700 crore all that to fulfill their ongoing requirements in the present financial crises. To fulfill the present ongoing requirements through investing public deposits is like having a fixed income sourse for the company.
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Tata Motors believe that they would require a loan of around euro 1 billion, if they really want to put forward the issues of the ongoing credit crisis of the country. Further Tata Motors is also asking the federal intervention to get help from their side to support supply chains, .....
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Tata Motors has occupied the acquisitions of UK based Land Rover and has plans to develop a platform for the very same car. With the new platform the company plans to bring more contracts for the defence segment and even for the peace keeping roles. The land rover will fulfill the requirements of heavy duty vehicles for various segments.
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