Business Daily from THE HINDU group of publications
Thursday, Oct 22, 2009
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Outlook
Get Latest Quote and Company Info
Tata Motors bets on Manza

To boost sedan sales.


Our Bureau

Pune, Oct. 21 With sales of its sedan Indigo having dropped considerably in the past one year, automaker Tata Motors is pinning hopes on its latest,launch, the Indigo Manza, to boost sales in this segment.

“Last October, we sold around 4,000 units a month of the Indigo. This year, the number is 3,000 units,” said Mr S. Krishnan, Vice-President, Commercial, domestic passenger car business.

Putting this down to product fatigue amongst buyers, he said the new sedan was expected to boost sales. The company will also consider launching CNG and LPG versions of the car, now available in petrol and diesel options, if there was a demand for these, he added.

Speaking at the launch of the Manza here today, Mr Krishnan pointed out that sale of CNG/LPG versions of the Indica stood at 400-500 units a month. With total sales of 10,000-11,000 units a month, this segment has shown a growth of 15-18 per cent in comparison to the same period last year.

The Indigo Manza, priced between Rs 4.75 lakh and Rs 6.56 lakh (outside octroi limits) in Pune, will be produced at the joint Tata-Fiat facility at Ranjangoan. Currently, the Indica Vista, Fiat Linea and the Punto are being manufactured here.

Related Stories:
Tata Motors launches Manza at Rs 5 lakh

More Stories on : Outlook | Cars | Tata Motors Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Birla Corp board to meet on Oct 23


United Spirits raises Rs 1,615 cr
Of media, Pope and nightclubs
SAIL final dividend Rs 460 cr
Areva gets Rs 900-cr Maharashtra contract
Utilities’ order flows to revive T&D cos
FIEO team bags ‘good orders’ from China
National Company Law Tribunal cannot come a day soon
Mangalore Refinery wins safety award
Apex Court asks RIL about profit margins
Harman plans to sound out local partner on unit in India
Company Secys’ meet
Toyota to launch Prius next year in India, small car by early 2011
Is Renault looking for a strategy shift in India?
40 Volkswagen dealerships by December
Tata Motors bets on Manza
Voith powering up for big India presence
ONGC told to explore option of hiving away Assam asset
Surya Colour gets new Director




The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line