Business Daily from THE HINDU group of publications
Saturday, Apr 21, 2007
ePaper
Business Daily from THE HINDU group of publications Saturday, Apr 21, 2007 ePaper |
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Corporate
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Announcements
Mayur N. Shah
THE INDIGO XL: Base model soon
Mumbai April 20 Tata Motors is set to launch a base variant of the limousine Indigo XL model, the Indigo XL Economy. It is most likely to be Rs 1 lakh cheaper than the existing top of the line XL model, said industry sources. The Indigo XL is currently available in diesel and petrol variants priced at Rs 7.54 lakh and Rs 6.85 lakh respectively (ex-showroom, Mumbai). A Tata Motors spokesperson said that the company does not wish to comment on future product launches. The XL limousine model was introduced in January 2007 and has been logging sales of 500 units a month. Introduction of the base model is in pursuit of the strategy to make the XL model even more affordable and has prompted the company to set a sales target of 1,000 units a month. The Economy model may not have certain features, like the DVD-based four-speaker integrated entertainment system with headrest-mounted twin LCD screen, a 12V socket in the rear console, electrically operated outer rear-view mirrors with integrated turn indicator lamps, six-way-powered front seats with lumbar support and chiller compartment in the glove box, which are present in the XL variant. It will continue to have the choice of two new 1.4 litre engines - the 16-valve Twin-Cam petrol engine churning out 101 PS and the silent high torque 70 PS DICOR (common rail) diesel engine. The limousine model was first displayed at the Auto Expo 2006, New Delhi. It is the country's first limousine with a wheelbase of 2,650 mm - extended by 200 mm over the Tata Indigo.
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