Tata Motors could showcase the Rs. 1 lakh car at Auto Expo in January
Tata Motors is scheduled to launch their Rs. 1 lakh car in the Indian market sometime next year. Market reports suggest that the company could use the upcoming Auto Expo trade show in January to showcase the car to the world.
The car is expected to become the cheapest automobile of its kind in the whole world. Maruti 800 is currently the cheapest product in the Indian market but it costs more than Rs. 2 lakhs.
Tata Motors is also said to be working on a line of small hatchbacks and mid-size sedans. These are also expected to be launched in the market sometime next year.
Their every move is being monitored by major automakers all of whom wants a larger share of the Indian automotive market.
Carlos Ghosn, Renault/Nissan’s chief executive has already said that they are working on developing a cheaper variant of Logan and this version could sell for less than USD 10,000 in the markets.
One unfortunate point about the Tata’s upcoming car is that it is unlikely to meet European safety and emissions norms. Indian laws are pretty lean and this would enable them to sell the car in this market.
Tata has said that they would make suitable changes to the car to make it conform to the European laws if they decide to export it to international markets.
Popularity: 8%
Tags: Auto Expo, Tata, Tata Motors, Tata Nano
Related Posts
Honda to launch new bikes and scooter at Auto Expo 2008
Honda at Auto Expo: Jazz, new Accord, Hybrid Civic to be on display
Honda India to launch a new scooter at Auto Expo
Bajaj planning to launch eight 2-wheelers at Auto Expo
Skoda Fabia launch pushed to January next year
About










Leave a Comment