14 posts tagged “tata motors”
On July 17 the Tata Motors rolled out the first Nano to the people. The people’s car proved every car critics wrong and came out with cheapest price tag in the car market.
The lucky owner of the car is not yet revealed but Nano will be soon seen on the Indian roads. The car which is available in three variants Base, CX, and LX sports a 624cc engine with an output of 32 bhp. The rear mounted engine is mated to a 4-speed manual gearbox offering smooth ride. It is pretty abnormal to expect more features with a price tag of One Lakh. Though it does not have any addition features, the Nano is equipped with basic and necessary features that a car is required.
Among it’s all the three variants it the LX version which received the numerous number of booking. With is attractive colours, Nano is all set to give a tough competition not only to the small cars but also to the big players.
Tata Nano has come till here fighting all the evils. The world’s cheapest car has every right to be the centre of attraction. Sp just wait. May be you are one among the lucky customers to drive home your Nano.
Tata’s ultra cheap car Nano has experienced many problems related to its launch in India. Nano which was which was supposed to hit the roads by Diwali this year has postponed its launch for next year. We are still unaware of the latest launch date.
Tata was planning to roll out the diesel version of Nano sometime in 2009, but now we hear that people will have to wait a little longer for the diesel Nano. Nano would be also seen in more powerful version with turbo charged, 800 cc, CRDi diesel engine that will carry two-cylinder and is expected to give 30% more mileage compared to 800cc petrol cars.
Many cars as well as two-wheeler buyers even postponed their purchase, keeping in mind the Nano launch this Diwali. Hope Tata will soon roll out the Nano to the Indian roads
The new Indica Vista which is fitted with the Fiat engine is powered by Saffire- 1.2-liter petrol engine, Quadrajet - 1.3-liter common-rail diesel and also Tata’s own 1.4-liter turbo diesel engine.
This new Vista is the result of Tata-Fiat venture and will be manufactured at Tata-Fiat’s Ranjangaon facility which holds the annual production capacity of 200,000 cars and 300,000 engines. Tata also has few more launches in its list like the ultra-cheap Tata Nano, Indica V3 and also new Indigo.
But the vague information says that Tata Indigo will have the similarities of new India V3 (which was unveiled in 2008 Delhi Auto Expo and will be on Indian roads very soon). It is also said that the new indigo will carry the Fiat's 1.3 litre Multijet diesel engine. It will fall into the cheapest sedan class and will be competing Mahindra-Renault Logan.
Many car manufacturers are entering the small car market
segment. The companies with big names like Maruti-Suzuki, Honda, Volkswagen,
Fiat, Ford and Toyota
which are anticipated to hit the car market restoring the record for as much as
75% of car sales by 2010.
In order to help the buyers the car manufacturers are offering bulky discounts to ease their existing stocks and for the easy entry of new cars in India.
The forthcoming new cars would have variants loaded with most advanced features like ABS, automatic drive, and airbags. These elite cars come in the range of Rs 3 lakh - Rs 5 lakh (excluding the Rs 1 lakh marvel Tata Nano).
So to avail the benefits of the subsidized excise duty for small cars, the car models under-4m would sport engines below 1200cc in petrol and below 1500cc in diesel.
There is going to be a sizzling competition between the car manufacturers in the small-car sector. Whereas Maruti-Suzuki is set to roll out Splash and A Star by year-end and Hyundai is set to introduce i20 at the same time. Even Fiat Grande Punto is expected before the end of the year and Tata Motors is also ready to hit the Indian market with its new version of its Indica, which has been one of the popular cars in the market.
Tata Motorsis thinking over the licensing path for heap manufacturing of the Nano overseas. It is getting enquiries from anonymous car makers in the US, Latin America, Europe and South-East Asia for manufacturing and marketing Nano in these countries.
However the auto maker is casting to issue licenses to specific car maker in offshore markets who would essentially manufacture Nano there. The technology-transfer and manufacturing related awareness issues would be communal only by Tata Motors.
The auto maker is yet to make a decision on the method of sourcing and in which countries it is going to market its super-cheap car Nano. Tata Motors believe that the company’s imminent spotlight is India, and worldwide marketing will take place only after a few years.
However this plant is located in the Bommasandra Industrial Area on the outskirts of the Bangalore city and has made an investment of Rs 2.2 billion high-tech facility, with a research and development centre.
This centre will manufacture instrument clusters for cars, commercial vehicles and two-wheelers, electronic control units for power-assisted steering and body control units for interiors, immobilizers and engine management systems for diesel and gasoline engines.
The company senses that the flourishing Indian automotive market has become deliberately important for them to expand their business in the sub-continent. However the Continental AG is catering electronic components and systems to Indian global OEMs like Maruti Suzuki, Hyundai Motors, Tata Motors, Ashok Leyland, Mahindra, General Motors, Ford, and Skoda.
Tata Motors is mainly focusing to be successful and complete the facilities expansion for manufacture of transmission gears for the Nano as soon as possible. However Nano was supposed to be rolled out from the Singur plant in West Bengal by Durga Puja this year and was anticipated to start trial production during July or August.
Kinetic is setting up an assembly plant within Singur plant factory and within the Ahmednagar factory to build the power train components manufacturing. It is also setting up gear manufacturing facilities fee-tailing an investment of close to Rs 50 crore.
Kinetic Engineering is putting up an with an investment of Rs 55 crore and setting up a factory within the Ahmednagar factory for ramping up power train components manufacturing and laying out gear manufacturing facilities entailing an investment of close to Rs 50 crore. However the small car project of Tata Motors would add significantly to Kinetic Engineering's best quality in the coming months.
Kinetic has diverted its two-wheeler business and has just made a comeback trial after the extensive reformation taken by the company during the last two years. Now it’s only paying attention on its business replica towards automobile components with an extraordinary hub on power train assemblies and components.
Car buyers can now think a step ahead to buy cars as many of the car makers are offering enormous discounts and promotional schemes. This is essentially done to attract customers to showrooms and remove the negative sentiments that have bothered many of them due to the high interest rates, ever rising fuel cost, inflation and mounting costs of raw materials.
India’s major car manufacturers are offering great discounts like the General Motors has announced a special discount price of Rs 26000 on its entry-level compact Spark. The company had initially sold the car for Rs 3.33 lakh and gave an exceptional offer of selling it at Rs 2.92 lakh, but now it has further cut down to Rs 2.66 lakh (ex-showroom Delhi).
However this special price is offered as a result of improved localization on the Spark coming out of operational efficiencies due to the increase in production volume. And the interesting factor is the discount comes on top of the special three-year free service package offer on Spark.
Apart from General Motors many other companies are also offering gracious discounts like Maruti Suzuki is offering a cash discount schemes for the models WagonR and Zen Estilo offers Rs 21,000 cash discount. The Maruti 800 and Versa have discounts of Rs 5,000 each and the Alto of Rs 10,000. Even Hyundai is also offering a free fuel voucher worth Rs 2,700 with every Santro and i10. The company is also planning to offer a 'reduced EMI' scheme when people upgrade to its cars. And even Tata Motors is also offering discount on its cars. So wake up folks the ball is in your court!
Despite of facing cost overrun, Tata Motors grand Nano project has still managed to maintain Rs one lakh car that would be rolled out from its Singur plant by Durga Puja.
However due to heavy floods last year at Singur the entire project had been reworked at the plant site which has led to further
cost increase. The project has already sunk due to the floods in Rs.2000 crore and
now again there has been an investment of Rs.20 billion in Singur which was
earlier projected at Rs. 17 billion. So there has been an additional investment
of Rs. 3 billion.
Tata Motors has sincerely dedicated to the Singur project. Nano car would have rolled out from the plant during Durga puja if everything went well as planned. However the trial production is expected to start during July or August and the car is planned to hit the Indian roads in October. There has also been a huge response from international markets like US, Latin America and South East Asia looking for the possibility of a Nano plant being set up anywhere in those countries.
