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Tatas’ Rs 1 lakh car ready
BY OUR AUTO CORRESPONDENT
TATA NANO
LAUNCHED! CLICK HERE FOR PICS
February 16, 2006: Even as Singur
continues to be a hot bed of
controversies and political battle,
Tata’s Rs 1-lakh dream car is getting
ready for roll out. The car is in fact
ready and is undergoing tooling and
testing.
According to reports quoting Ratan
Tata, the vehicle is expected to hit
the roads between October and
December, 2008. The car is ready for
production and the project is on
schedule.
The company’s proposed Singur plant is
currently under the spotlight as local
farmers, led by Trinamool Congress
chief Mamata Banerjee, are opposing
land acquisition for the car factory.
West Bengal chief minister Buddhadeb
Bhattacharjee has, however, reiterated
that the Tata car project is
irreversible.
Meanwhile, Italian auto giant Fiat,
which has a joint venture with Tata
Motors to manufacture cars and
transmissions, engines, is expected to
to sell the new small car in Latin
America and other foreign markets.
Fiat would also give technical and
design related suggestions to Tata
Motors for the project, said a report.
Tata has said that Fiat has shown
interest in selling the small car in
other markets where it has strong
brand value.
However, it is being rumoured that the
Tatas will see the pricing suffer
because of inflation. The Tatas are
trying to launch the car with a price
tag of Rs 1 lakh, but if the
inflationary and input cost pressure
continues, the car may cost a little
higher. Variants of the car might
increase its marketability.
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