Tata Nano Diesel To Be Launched by September 2011

Tata Nano is one of the cheapest car of the world and the Tata Nano is available all over the India at cheaper rates. Tata Nano Diesel is on the card as well. Tata Nano Diesel will be launch around September 2011, as speculated in recent media reports.

Tata Nano Diesel will be the cheapest diesel car available in India. So far there is no diesel car in the segment A and A+. Earlier this month, the company had announced to offer open sales of the car at all of its 874 sales outlets spread across the Indian market.

New Tata Safari Coming Soon in India

The new Tata Safari had been spied testing on Indian roads earlier this year. The second generation Tata Safari will be based on Aria X2 platform with more space in the interiors along with a new structure making it more rigid and equipping it with better handling capacities. The new model will also have lots of space and will be loaded with features such ABS, Airbags, Climate Control etc.

Unidentified sources from Tata Motors have revealed that the new Tata Safari is ready to be launched by mid-January 2011. As far as the engine is concerned, speculations are that Tata will be bringing its proven 2.2L VTT DiCOR to this model as well. The model may be a little lighter than the existing one to make it more fuel efficient.

Tata Motors’ upcoming launch this year is the new Tata Ace which is the eight-seater van based on Tata Venture platform. The model will compete with Maruti Eeco which has replaced Omni in the Indian market.

Source: CarTradeIndia.com

Tata Motors Report: June Sales up 49%

Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in June 2010 were 67,730 vehicles, a growth of 49% over 45,440 vehicles sold in June 2009. The company's domestic sales of Tata commercial and passenger vehicles for June 2010 were 62,602 nos., a 45% growth over 43,284 nos. sold in June last year.

Cumulative sales (including exports) for the company for the fiscal are 181,708 nos., a growth of 48% over 123,114 nos. sold last year.

Commercial Vehicles
The company's sales of commercial vehicles in June 2010 in the domestic market were 34,791 nos., a 33% growth compared to 26,245 vehicles sold in June last year. LCV sales were 19,652 nos., a growth of 21% over June last year. M&HCV sales stood at 15,139 nos., a growth of 52% over June last year.

Cumulative sales of commercial vehicles in the domestic market for the fiscal are 97,229 nos., a growth of 35% over last year. Cumulative LCV sales are 55,073 nos., a growth of 21% over last year, while M&HCV sales stood at 42,156 nos., a growth of 58% over last year.

Passenger Vehicles
The passenger vehicles business reported a total sale and distribution offtake of 29,948 nos. (27,811 Tata + 2,137 Fiat) in the domestic market in June 2010, a 53% increase compared to 19,513 nos. (17,039 Tata + 2,474 Fiat) in June last year. Sales of Tata passenger vehicles were 27,811 nos., a growth of 63% over June 2009. Sales of the Tata Nano were 7,704 nos. The Indica range sales were 9,003 nos., lower by 12% over June last year. The Indigo range recorded sales of 7,502 nos., a growth of 113% over June last year. The Sumo/Safari range accounted for sales of 3,602 nos., higher by 9% over June last year.

Jaguar Land Rover sales continued their upward trend since launch in June 2009.

Cumulative sales and distribution offtake of passenger vehicles in the domestic market for the fiscal are 78,336 nos. (72,236 Tata + 6,100 Fiat), against 50,691nos. (45,837 Tata + 4,854 Fiat) last year, a growth of 55%. Cumulative sales of the Nano are 14,779 nos. Cumulative sales of the Indica range are 26,507 nos., lower by 8%. Cumulative sales of the Indigo family are 21,303 nos., higher by 139%. Cumulative sales of the Sumo/Safari range are 9,647 nos., higher by 20%.

Exports
The company's sales from exports at 5,128 vehicles in June 2010 registered a growth of 138% compared to 2,156 vehicles in June last year. The cumulative sales from exports for the fiscal at 12,243 nos. are higher by 134% over 5,221 nos. in the same period last year.

Source: Tata Motors India

IndusInd Bank to Provide Finance Facilities to Tata Motors' Dealers

IndusInd Bank Ltd. and Tata Motors have entered into an agreement, where IndusInd Bank will provide channel finance facilities to Tata Motors’ dealers.

The dealers of Tata Motors will now have access to ready upstream finance from IndusInd Bank to meet their working capital requirements in addition to the existing retail finance arrangements. IndusInd ranks in the top retail financiers for Tata motors commercial vehicle segment today. This tie up is a part of the strategic focus of IndusInd Bank in developing the supply chain business.

Mr. R. Ramakrishnan Vice President (Sales & Marketing, Commercial Vehicle Business Unit, Tata Motors Limited) said, “Tata Motors Commercial vehicle has a good share of business in the retail asset funding through IndusInd Bank and going forward, we want to leverage this tie up to garner even more business in the retail loan segment. We would also like to provide our Channel partners with the inventory funding from IndusInd Bank at reasonable and competitive rates. We are sure that our growing network will drive the tie up to achieve the aspirational growth targets.”

Mr Suhail Chander, Head Corporate & Commercial Bank, IndusInd Bank said, “We, at IndusInd, are already amongst the largest Retail Financier of Commercial vehicles in the country. A Channel Finance facility to the dealers is a natural corollary to this business. By introducing technology, we aim to create value in this partnership between the Dealer, Tata Motors & IndusInd Bank.”

Mr. Ramesh Ganesan, Head Transaction Banking, IndusInd Bank said, “IndusInd Bank’s focus is to expand the scope of client relationships by adding value to partners of our clients. There is an increased need for financing in this fast growing sector. We propose to deliver this product through a technological platform enabling integration with the manufacturer and the dealers, thus speeding up credit delivery at a reduced costsupported by widespread branch network.”

Courtesy: Tata Motors India

New Iconic Jaguar XJ Arrives; Jaguar Land Rover Start Deliveries in India

Jaguar Land Rover has begun deliveries of the iconic Jaguar XJ in India. The car was shown in India during the Delhi Auto Expo in January this year and the stunningly beautiful and revolutionary new product from the Jaguar stable was acclaimed by one and all.

Commenting on the occasion, Mr S Krishnan, Tata Motors’ Senior Vice President (Commercial), Passenger Car Business Unit, said, "We notice a very intense aspiration in India to own an XJ. We are encouraged by the number of customers who have expressed a desire to own this iconic car."

Sleek, sporting and sophisticated, the all-new Jaguar XJ brings a daring new spirit to automotive luxury. It offers a seductive mix of striking design, breathtaking performance and engineering. The elongated teardrop shape of the side windows establishes the car’s silhouette and lies at the heart of its flowing design. It does not just look streamlined -- its drag coefficient of 0.29 makes it the most aerodynamic Jaguar ever, along with the XF.

At the heart of the all-new XJ’s construction is Jaguar’s unique lightweight vehicle architecture. Primarily aluminium, but also using magnesium and composite alloys, this allows Jaguar to produce a significantly lighter and stiffer body – the lightest in its class. The structure features aerospace-based riveting and bonding processes, and uses these advanced materials to deliver improved strength, enhanced refinement and superior safety performance.

A coupé profile cloaks a cabin that offers comparable levels of space to saloons with a more conventional style. There is generous accommodation for five occupants. The exquisitely designed interior has a strong sporting character throughout. The spacious cabin is rich in the tactile delight of soft-glove leather, warm veneers and cool chrome.The panoramic glass roof dramatically enhances the sense of light and space inside.

In keeping with its status as the ultimate four-door Jaguar, the XJ introduces a new generation of interior technologies, pioneering the use of display and infotainment systems such as the innovative Virtual Instrument dials, 8" full color Dual View technology Touch Screen display and 1200W Bowers & Wilkins premium surround sound system.

The all-new XJ delivers a driving experience that is just as memorable as the car’s appearance. Benefiting from technologies like continuously variable damping (Adaptive Dynamics), quick ratio power-steering system, JaguarDrive SelectorTM, JaguarDrive ControlTM, Jaguar Sequential Shift and Dynamic Stability Control with Trac DSC mode the new XJ combines responsive, sporting dynamics with the refined, supple ride expected from a luxury Jaguar.

The new XJ is available in India in the long wheelbase version. It is powered by the highly acclaimed 5.0-litre 385PS AJ-V8 Gen III naturally aspirated direct-injection V8 petrol engine. More information on the product is available on the Jaguar India website at www.jaguar.in

Iconic Jaguar XJ Exterior Photos:

Iconic Jaguar XJ Interior Photos:

Source: Tata Motors

Tata Motors Launches Tata Indigo e-CS: Most Fuel Efficient Sedan Car in India

Tata Motors today commercially launched its all new Tata Indigo e-CS, the most fuel-efficient sedan in the country, with a host of exciting features. Built on the existing Tata Indigo platform, the Tata Indigo e-CS succeeds the highly successful Tata Indigo CS, the most compact sedan in the world, which became a best seller in the first year of its launch in 2008, and opened up a completely new market for upwardly mobile young professionals.

The Indigo CS has dominated the entry mid-size segment in the country for almost 2 years with its proposition of being the most compact sedan in the market. It has been appreciated for its classy styling as much as the great value proposition that it offers at an unbeatable price to a sedan customer.

If the Indigo CS was the most compact sedan in the world, the Indigo e-CS has set a fresh benchmark by also becoming the most fuel efficient sedan in the country. Sporting an all new 1.4 litre CR4 Common Rail Diesel engine, the e-CS offers an ARAI approved mileage of 23.03 kmpl, which is the highest for any sedan currently available in the country. It is also available with the 1.2 litre MPFI petrol engine to provide customers with a wider choice. The refinement in both the engines results in a more enjoyable driving experience, along with the seating comfort that the Indigo CS is known for. Both these engines are compliant with BS4 emission norms currently applicable in 13 cities in India.

The Indigo e-CS also gets a fresh new look on the exteriors with a new satin finish front grill, new headlamps, and ORVM with blinkers. This coupled with body coloured bumpers and chrome inserts on the rub rails endows the e-CS with head turning looks.

The dual tone beige interiors of the fabric and the dashboard create a plush feel. With a view to appealing to the youth, the Indigo e-CS comes equipped with a Bluetooth enabled music system and electrical controls for ORVMs. This is in addition to the AC, power steering and power windows which were available in the earlier Indigo CS as well.

The car comes with a warranty of 18 months for an unlimited no. of kilometres, amongst the best in the industry, and will be available in a range of 4 colours through 239 dealerships across 412 towns and cities in the country. The car is priced at Rs 4.07 lakhs ex-showroom Delhi for the MPFI petrol base eGLS version going upto Rs 5.13 lakhs ex-showroom Delhi for the top-end eLX version of the CR4 diesel.

Courtesy: Tata Motors India

Tata Nano Won Gold Prize in 2010 Edison Awards

Tata Nano has won the Gold prize in the Best New Product segment under the Transportation category at the 2010 Edison Awards.

Recognised as America’s innovation award, the Edison Awards (www.edisonawards.com) symbolise the persistence and excellence personified by Thomas Alva Edison. They are judged on marketplace innovation, marketplace success, technological innovation, market structure innovation, societal impact and design innovation.

Tata Motors is India's largest automobile company, with consolidated revenues of Rs.70,938.85 crores ($ 14 billion) in 2008-09. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand and Spain. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India.

With over 5.9 million Tata vehicles plying in India, Tata Motors is the country’s market leader in commercial vehicles and among the top three in passenger vehicles. It is also the world's fourth largest truck manufacturer and the second largest bus manufacturer. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia and South America.

Source: Tata Motors

Tata Motors Launches New Indica Vista Drivetech4: New Generation Car in India

Tata Motors has launched an all-new Indica Vista range, the Indica Vista Drivetech4, with a host of new features and a thrilling driving experience, to take the encouraging market response to the company's new generation car to a new high.

The BS-4 compliant Indica Vista Drivetech4 has a specially designed Eurotech gearbox perfectly mated to the Vista Drivetech4 Quadrajet diesel and Safire petrol engines. It ensures higher torque at low RPMs, minimal vibration, precise gear shifting, longer engine life and cooled exhaust gas recirculation for lower emissions. All these together result in superior handling, exciting zip and a never-before driving experience. The same degree of refinement and driveability is also being offered on BS-3 engines.

The other new features include a 4-spoke tilt-adjustable steering wheel and height-adjustable driver's seat enabling customised driving positions. The flexible 60:40 flip and fold rear seat lends added space for multiple needs. The fully integrated 2-DIN stereo system with Blue 5 and USB port enhance entertainment and communication convenience. Dual airbags (driver and passenger) and ABS (Anti-lock Braking System) make it one of the safest cars on Indian roads.

The Indica Vista Drivetech4 series, though in the premium B segment, has been competitively priced, starting respectively from Rs.3.57 lakhs for the Safire petrol range and from Rs. 4.4 lakhs for the Quadrajet diesel range (ex-showroom, Delhi).

The range has been launched with an exciting contest – available at www.surpriseyourself.in – to spot that only feature the Vista Drivetech4 shares with the Indica, and win a Vista free.

The Indica Vista, Tata Motors’ all-new second generation car introduced in August 2008, has won the Jury Award at the Business Standard Motoring Car Of The Year Awards and was recognised as the Best Value for Money Car at the UTVi Autocar Awards.

Courtesy: Tata Motors India

Tata Motors New Cheap Car Coming Soon

Tata Nano made a big impact on indian automobile market and there are few other cars like Indica Vista and others are too good for the indian customers as well. Thats why Tata Motors is thinking to launch new model which can be place between Tata Nano & Indica Vista. The price of this new car will be around Rs 3 lakh which can be more affordable for middle class families as well.

This new car will be come as a codename of Dolhpin & will be coming soon in next 24 months. Car will be powered by 800-1000cc engine and will be compact as well. There is nothing came from the official side but it should be the gift for Ratan Tata who will retire soon from the board.

Another good one is that Tata Nano Electric also will be introduced in Europe in next 24-30 months. For indian market its not announced yet.

Tata Nano May be More Costlier

As the Tata Motors lauched 1 lakh car, cheapest car Tata Nano; may loose the tag of low priced car in upcoming days. As the steel prices are already hiked by 25% and other raw materials like paints, tires, labour problems etc. has the price hiked as well. That is one of the reason of the price hike for Tata Nano in upcoming days.

That is expectable as the raw materials price go up cost of the product always go up. Now it seems that Tata nano to lost its one lakh price tag that makes it as "world's cheapest car". Tata Motors had earlier stated that it will deliver its first one lakh cars at the promised price but the company spokesperson refuses to confirm about continuation of the existing prices.

Already around 26500 Tata Nano have been delivered to the customers. Tata Motors's mother plant for Tata Nano begins production in April 2010 when it rolls out its first batch of Tata Nano. The new plant is near completion in Gujarat as it was shifted from Singur in West Bengal last year.

Tata Motors Unveiles Aria, Tata Venture, Tata Magic Iris & New Jaguar XJ @ Auto Expo 2010

The Tata Motors Group has unfolded the full scale of its product portfolio and the breadth of its technology capability with a display of 37 vehicles, from the Tata, Jaguar and Land Rover brands, at the Auto Expo 2010, which opened here today. Among them are three new Tata vehicles – the Tata Aria, the Tata Venture, the Tata Magic Iris – and the all new Jaguar XJ, which were unveiled by the Chairman of Tata Sons and Tata Motors, Mr. Ratan N. Tata.

In passenger vehicles, the Group's displays range from Jaguar luxury saloons and Land Rover SUVs to Tata Indigo Manza sedans, Tata Indica Vista hatchbacks, the Tata Safari, the Sumo Grande MK II, the Xenon XT, and two specially conceived Tata Nano cars. The Nano has been declared as the 2010 Indian Car of the Year (ICOTY). The Tata commercial vehicles range displays include a brand new Starbus platform, the Prima range of world standard trucks, CNG-fuelled truck pick-up vehicles, and a Winger-based special application.

The technology capability on show includes environment-friendly hybrid and electric powertrains, conventional engines with higher fuel efficiency, lightweight vehicle architecture, all contributing to reduction of greenhouse gas emissions, besides state-of-the-art drive technologies, latest infotronics, ultra-modern passenger comfort, safety and entertainment systems.

Speaking on the occasion, Mr. Tata said, "The range of Tata, Jaguar and Land Rover vehicles is representative of our technology base, and the direction our brands are taking in pursuing market opportunities. The Company is focused on meeting the full range of customer needs while being conscious of the environment."

The unveiling of the all new Jaguar XJ marks its India launch. The all-new Jaguar XJ brings a daring new spirit to automotive luxury, with a mix of striking design, breathtaking performance and engineering. The car was premiered worldwide in London in July 2009, and deliveries across the world are beginning this year. Bookings for India too have opened, and deliveries will begin from June 2010. Displays from Land Rover, the gold standard in 4x4s, include the Model Year 2010 Discovery 4 and the Range Rover Sport, which expand Land Rover’s 2010 product range in India.

The Tata Aria, to be launched in the second quarter of 2010, blends the functionality and comfort of a mid-range MPV with the all terrain assurance and premiumness of an SUV. Its unique design and construction makes it robust, elegant and comfortable. The interiors, with three rows of theatre style seating, present a luxurious world of premium features comprising 3D surround sound, dimming roof lamps, in-dash built in GPS, a state-of-the-art infotainment system, multifunctional steering wheel, dual air conditioning with automatic climate control and cruise control. Top-of-the-line safety features include 6 airbags and ESP, offered by an Indian OEM for the first time. Besides, the chassis frame comprising advanced hydro formed members, a stiffened body cage, and dual zone collapsible steering make the Aria one of the safest vehicles.

Its 2.2 Litre Direct Injection Common Rail (DICOR) diesel engine, delivering 140 PS power and 320 Nm torque, is mated, in the 4x4 option, with an all-wheel drive with torque on demand, which senses and distributes torque to the wheels in accordance with the terrain.

The less than 4 metre long Tata Venture, to be launched soon, has the footprint and maneuverability of a hatchback car, but the interior space of a utility vehicle comfortably accommodating 8 passengers and ample luggage space. The interiors, with a two-tone beige and black theme, are comfortable with dual heating ventilation and air-conditioning (HVAC) with roof-mounted ducts. A glasshouse effect with plug-in windows for second row passengers makes it distinctive. Driver comfort has been addressed with power steering, power windows, reverse parking aid, keyless entry with engine immobiliser and rear wipers. Safety features include collapsible steering and side impact beams.

It is powered by a 1.4 Litre turbo diesel engine delivering 70 PS power, with best in class fuel efficiency among diesel MPVs. The Tata Venture will be available in 5, 6, 7 and 8-seater options in 3 row front facing configuration.

The Tata Magic Iris, to be launched this year, is for public transportation, offering safer and more comfortable mobility for those who depend on three-wheelers. Its spacious car-like cabin can comfortably seat four passengers – three at the back and one in the front beside the driver. With its car-like on-road stability and sheet metal roof it provides car-like safety.

The 611-cc water cooled diesel engine, backed by a 10-litre fuel tank, is capable of running larger distances with a top speed of about 55 kmph and yet higher engine life. With its bouquet of features, the Tata Magic Iris will be the ideal small passenger carrier which will upgrade both the quality of public transportation and also the income of their owners.

The recently unveiled 10-to-75 tonne, 150-to-560 PS Prima range of trucks, trailers and special applications has set new benchmarks in India and matches the best in the world in its power, speed, carrying capacity and trims. The range comprises 10 major variants of tractor-trailers, rigid trucks, tippers, mixers and cranes, and special applications. Besides India, it has already been introduced in South Korea, where it has won the prestigious Grand Prize of 2009 Good Design Selection of Korea recognising its excellence in design, functionality, quality and safety.

While expanding its portfolio, the Group is focusing on environment-friendly technologies. Jaguar's lightweight vehicle architecture, Land Rover's e_TERRAIN TECHNOLOGIES SERIES, the Nano with the lowest CO2 emission among Indian cars, the Indica Vista EV, to be launched this year, the hybrid Starbus and existing CNG/LPG powered Tata passenger and commercial vehicles are all representative of how the Group is pursuing the goal of reducing greenhouse gas emission and usage of conventional fuels for a low-carbon world.

Click Here For Background Information:

Courtesy: Tata Motors Group

Tata Nano Wins Indian Car of the Year (ICOTY) Award

The Tata Nano has won the prestigious Indian Car of the Year (ICOTY) award. In its fifth year running and modeled along the lines of the American, European and Japanese Car of the Year, the ICOTY award and Indian Motorcycle of the Year (IMOTY) award have been instituted by leading automotive magazines in India, in association with JK Tyre, to bring the auto industry in India at par internationally in recognising their efforts.

The awards are an expert and independent judgment of all new cars and motorcycles launched in the calendar year in India. An 11-member specialist jury consisting of senior automobile journalists from leading automobile magazines in India got together to vote for the most impressive car and motorcycle on similar parameters to acclaimed international awards for automotive excellence.

After the jury rounds the Tata Nano emerged as the Indian Car of the Year.

The Managing Director of Tata Motors, Mr. P.M. Telang, received the award from the Vice Chairman & Managing Director of JK Tyre Industries Ltd., Dr. R. P. Singhania, at a ceremony in New Delhi on December 20.

This time there was a close contest for the ICOTY award and after all points were tabulated, it was the Tata Nano with 63 points that emerged the victor. Though several vehicles qualified for the 2010 ICOTY, the ten finalists selected by the jury, besides the Tata Nano, were the Chevrolet Cruze, Honda Jazz, Fiat Linea, Fiat Grande Punto, Maruti Suzuki Ritz, Mahindra Xylo, Skoda Superb, Tata Indigo Manza, and Toyota Fortuner.

The expert jury members of the 2010 ICOTY included Yogendra Pratap and Vikrant Singh of Auto Bild India, Gautam Sen and Bob Rupani of Auto India, Bijoy Kumar Y and Srinivas Krishnan of Business Standard Motoring, Aspi Bhathena of Car India, Sirish Chandran and Bertand D’souza of Overdrive and Vardhan Kondvikar and Girish Karkera of Top Gear India. All these jury members evaluate and test cars as part of their journalistic work and are known for their analytic skills and professional competence. Once a year they come together to vote for the ICOTY.

Source: Tata Motors

Tata Motors August Sales @ 49,810 nos., Growth of 14%

Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in August 2009 were 49,810 vehicles, a growth of 14% over 43,600 vehicles sold in August 2008. The company’s domestic sales of Tata commercial and passenger vehicles for August 2009 were 47,126 nos., a 21% growth over 38,828 nos. sold in August last year.

Cumulative sales (including exports) for the company for the fiscal at 220,978 nos., recorded a growth of 2% over 216,062 nos. sold last year.

Tata Commercial Vehicles:
The company's sales of commercial vehicles in August 2009 in the domestic market were 29,762 nos., a 28% growth compared to 23,231 vehicles sold in August last year. LCV sales were 18,644 nos., a growth of 42% over August last year. M&HCV sales stood at 11,118 nos., a growth of 10% over August last year. This is the second consecutive month of growth for M&HCV.

Cumulative sales of commercial vehicles in the domestic market for the fiscal were 130,226 nos., a growth of 11% over last year. Cumulative LCV sales were 81,824 nos., a growth of 34% over last year, while M&HCV sales stood at 48,402 nos., lower by 14% over last year.

Tata Passenger Vehicles:
The passenger vehicles business reported a total sale and distribution offtake of 20,146 nos. (17,364 Tata + 2,782 Fiat) in the domestic market in August 2009, a 26% increase compared to 15,948 nos. (15,597 Tata + 351 Fiat) in August last year. Sales of Tata cars, at 14,755 nos., grew by 21% over August 2008. The sales of the Tata Nano were 2,501 nos. The Indica range sales were 9,598 nos., a growth of 24% over August last year. The Indigo range recorded sales of 2,656 nos., lower by 41% over August last year. The UV/SUV range of Sumo/Safari/Xenon XT accounted for sales of 2,609 nos., lower by 22% over August last year.

Jaguar Land Rover sales continue to get an encouraging response. The Land Rover range will be augmented by the addition of the Freelander 2, which will be launched in September.

Cumulative sales and distribution offtake of passenger vehicles in the domestic market for the fiscal were 90,718 nos. (80,392 Tata + 10,326 Fiat), against 83,507 nos. (81,343 Tata + 2,164 Fiat) last year, a growth of 9%. Cumulative sales of the Nano were 4,976 nos. Cumulative sales of the Indica range at 47,010 nos., reported a growth of 15%. Cumulative sales of the Indigo family were 15,078 nos., lower by 31.5%. Cumulative sales of the Sumo/Safari/Xenon XT range were 13,328 nos., lower by 27%.

Exports
The company's sales from exports at 2,684 vehicles in August 2009 were lower by 44% compared to 4,772 vehicles in August last year. The cumulative sales from exports for the fiscal at 10,360 nos. were lower by 41% over 17,627 nos. in the same period last year.

Source: Tata Motors

First Tata Nano Delivers to Ashok Raghunath Vichare of Mumbai

Tata Motors is pleased to announce that Mr. Ashok Raghunath Vichare of Mumbai has become the first customer in India of the Tata Nano. Mr Ashok Raghunath Vichare also become first owner of the world's cheapest car. Mr. Vichare received his choice, the Tata Nano LX (Lunar Silver), at the hands of the Chairman of Tata Sons and Tata Motors, Mr. Ratan N. Tata, at the company's dealership, Concorde Motors, today.

Speaking on the occasion, Mr. Tata said, "I hope the Tata Nano will bring motoring pleasure to those who will be buying their first car as also those who currently own cars but want a modern, contemporary, emission-friendly city car."

Along with Mr. Vichare, two other customers, Mr. Ashish Balakrishnan (Tata Nano LX – Sunshine Yellow) and Kores India Limited (Tata Nano LX – Lunar Silver), also received their cars today.

As planned, Tata Motors has commenced deliveries of the Tata Nano this month to different towns and cities of the country. Despatches to dealerships have begun from the Pantnagar plant, where the car is being produced, in accordance with schedules informed to customers.

About Tata Motors
Tata Motors is India's largest automobile company, with consolidated revenues of Rs.70,938.85 crores ($14 billion) in 2008-09. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand and Spain. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India. With over 4 million Tata vehicles plying in India, Tata Motors is the country’s market leader in commercial vehicles and among the top three in passenger vehicles. It is also the world's fourth largest truck manufacturer and the second largest bus manufacturer. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia and South America. (www.tatamotors.com )

Source: Tata motors Press

Tata Motors Launched Jaguar Land Rover Cars Showroom in India

Jaguar Land Rover's official entry to the fast-growing Indian car market was marked today by the opening of a flagship showroom facility at Ceejay House in Mumbai by Mr. Ratan N. Tata, Chairman of Tata Sons and Tata Motors.

Jaguar and Land Rover's award-winning vehicles are well known around the world. Jaguar has become one of the world's leading producers of beautiful fast cars. Land Rover produces the world's most versatile all-terrain vehicles, combining refined luxury with a true breadth of capability.

The exciting new range of premium luxury vehicles available for the Indian market will include the Jaguar XF, XFR and XKR and Land Rover Discovery 3, Range Rover Sport and Range Rover. Further details, including specifications, are available on the new Jaguar India website (www.jaguar.in) and Land Rover India website (www.landrover.in).

Mr. Ratan N. Tata, Chairman of Tata Sons and Tata Motors, said: "We are extremely pleased and proud to introduce the Jaguar Land Rover brands in the Indian market and give the discerning Indian customer direct access to these prestigious brands, accompanied by a parts and service network. We hope that they will delight customers in India just as they have done in markets the world over."

Mr. David Smith, CEO of Jaguar Land Rover, said: "Jaguar Land Rover is delighted to have officially opened our first showroom in India. It is an exciting time to be entering the Indian market, a country with increasing affluence and an economy which is still growing. We believe that the Indian market holds significant growth potential in the long term, and we hope to tap the demand for premium vehicles from discerning customers."

Courtsey: Tatamotors.com

2.03 Lakh Bookings for Tata Nano; Over 2500 Crore Rs. Paid

The Tata Nano has drawn over 2.03 lakh fully paid bookings amounting to nearly Rs.2,500 crores, in an encouraging response to the car launched on 23rd March.

The Tata Nano website recorded an unprecedented 3 crore (30 million) hits from the date of launch of the car to the closure of the booking period (25th April, 2009), nearly 1 million hits a day. About 14 lakh people walked in to Tata Motors’ Showrooms, Croma and Westside stores across the country to catch a glimpse of the car. A total of 6.10 lakh forms were purchased from the booking centres. 70% of the 2.03 lakh bookings received were financed, while 30% of the applicants booked in cash by paying fully. About 4,000 cash bookings were made online through www.tatanano.com, a first for the auto industry in India. Among the three variants of the car, 20% bookings are for the Nano Standard, 30% for the Nano CX and the remaining 50% for the top-end Nano LX.

As announced on 23rd March, the first 100,000 allottees from among the applicants will be chosen through a computerised random selection procedure, and the announcement will be made within 60 days of closure of the booking. Deliveries will start in July 2009, and are expected to be completed in the last quarter of 2010, while all efforts would be made to ramp up production and deliver earlier.

Simultaneously along with the announcement of the first 1 lakh successful allottees, Tata Motors will also announce the allotment of those booking applicants who have expressed their interest in retaining their bookings with the company even if they do not form part of the first 1 lakh allottees. The retainees will earn an interest on their booking amount, effective from that date. The booking amounts of unsuccessful applicants who have not chosen to retain their booking amounts will be refunded at the same time.

Tata Motors places on record its gratitude to the people of India for according such a warm welcome to the Tata Nano, and to all its preferred financiers, dealers and partner companies in making the Tata Nano far more accessible.

Source: Tata Motors India

Tata Nano: Price, Booking Process & Bank Loan Interest Rate

The booking of the Tata Nano opens tomorrow on April 9th and will continue up to the end of day on April 25, 2009. Tata Motors has entered into agreements with 18 preferred banks/NBFCs to enable prospective customers to get finance and facilitate booking of the car.

The sale of application forms has already started from April 1, to a very encouraging response. The Tata Nano website has recorded over 50 million (5 crore) hits, including over 20 million (2 crore) hits in the fortnight since the launch on March 23, 2009. The forms are available at a price of Rs.300 (for online booking Rs.200). The forms can be bought at over 30,000 locations in about 1,000 cities through Tata Motors Passenger Car dealerships, State Bank of India and its branches, its subsidiaries and associates, other preferred financiers, and outlets of Westside, Croma, ‘World of Titan’ and Tata Indicom exclusive stores. The forms come with a range of offers from select associate Tata Group companies up to Rs.1100.

Customers can either pay the entire booking amount -- of Rs.95,000 (Tata Nano Std.), Rs.120,000 (Tata Nano CX), and Rs.140,000 (Tata Nano LX) -- themselves or seek financing of the booking amount.

Booking amount financing available from Rs.2850
The company’s partnership with the preferred financing partners has enabled attractive options of financing the booking amount, which start from a low of Rs.2850. The details are as follows:

Preferred banks/NBFCs	Financing of booking amount of Rs.95000 for the Tata Nano Std. version
State Bank of India	Rs. 2,999
Canara Bank	Rs. 2,850
Tata Motor Finance	Rs. 3,199
Corporation Bank	Rs. 2,999
Central Bank of India	Rs. 3,256
Indian bank	Rs. 3,343
State Bank of Tranvancore	Rs. 2,999
State Bank of Bikaner and Jaipur	Rs. 2,999
State Bank of Indore	Rs. 3,516
State Bank of Patiala	Rs. 2,999
State Bank of Hyderabad	Rs. 2,999
State Bank of Mysore	Rs. 2,999
ICICI Bank Ltd.	Rs. 2,999
Union Bank of India	Rs. 2,950
United Bank of India	Rs. 3,137
Punjab National Bank	Rs. 3,733
UCO Bank	Rs. 2,975
The Federal Bank Ltd.	Rs. 4,110
Corporation Bank	Rs. 2,999

Customers can submit their application forms to their chosen financier. The financier will, on their behalf, submit their application forms to the State Bank of India, which is managing the booking process. Those who are themselves paying the entire booking amount can submit their application forms directly to State Bank of India through 1,350 notified branches in 850 cites, and also at Tata Motors Passenger Car dealerships, Westside and Croma outlets. Option to submit bookings online is available at tatanano.com.

Retail auto loan interest rates for the Tata Nano
Post the successful allotment of the bookings, customers can convert their booking loan into a retail auto loan for the Tata Nano at very attractive rates with the preferred financiers:

Preferred banks/NBFCs	Interest rate post Allotment
State Bank of India	11.75%
Canara Bank	9.5-11%
Tata Motor Finance	12 – 13%
Corporation Bank	11-11.5%
Central Bank of India	9.5-11%
Indian bank	11%
State Bank of Tranvancore	11.75-12%
State Bank of Bikaner and Jaipur	11.75%
State Bank of Indore	11.50%
State Bank of Patiala	11.50 – 12%
State Bank of Hyderabad	11.75%
State Bank of Mysore	11.25-11.75%
ICICI Bank Ltd.	13.00%
Union Bank of India	11-11.25%
United Bank of India	9%
Punjab National Bank	11%
UCO Bank	11 – 11.50%
The Federal Bank Ltd.	14.25%
Corporation Bank	11-11.5%

Insurance premium for the Tata Nano
Tata Motors has also entered into agreements with five partner insurance companies to offer comprehensive insurance, under the ‘Tata Motors Insurance’ banner, for the Tata Nano at a rate of just 2.76% of the ex-showroom price of the car, the most competitive in the industry. In New Delhi, the insurance premiums will be as follows:

	Nano	Nano CX	Nano LX
Ex-showroom price New Delhi (Rs.)	123360	148360	172360
Insurance premium (Rs.)	3468	3959	4431

The empanelled insurance companies are National Insurance Co Ltd, ICICI Lombard General Insurance Co Ltd, Royal Sundaram Alliance General Insurance Co Ltd, United India Insurance Co Ltd and HDFC Ergo General Insurance.

Deliveries
Within 60 days of the closure of bookings on April 25th , 2009, Tata Motors will process and announce the allotment of 100,000 cars in the first phase of deliveries, through a computerised random selection procedure. These 100,000 allotments will be price protected for the launch prices till delivery of the cars but the booking amounts will not bear any interest for the customers. Deliveries will commence from July 2009.Applicants have the option to retain their booking deposit, even if they do not get allotment in the first phase. Those who choose this option will be eligible for interest on their deposit, effective from the date of announcement of allotment of the second phase, at a rate of 8.5% for retention period between one year to two year and 8.75% for a retention period of more than 2 years. Allotment of retainees will be simultaneously communicated, along with the allotment of the first 100,000 cars.

source: Tata Motors India