The company planning to have a larger push to small car even as sales continue to remain subdued.
Shelving its expansion plans in Thailand and opting for fast-growing Indonesia, India's Tata Motors is in talks with a leading Indonesian automobile company to produce its popular no-frills Nano car.
JLR is developing its own autonomous car technologies, which could one day trickle into Tata's more affordable people carriers.
Tata Motors on Monday commercially launched its people's car, Nano, promising to stick to the Rs 100,000 price tag for the base model.
The Tata Motors team led by its Managing Director G Ravikant and accompanied by Karnataka Industry Minister Murugesh Nirani visited three places in and around the twin cities of Hubli-Dharwad in Karnataka. The Belur Industrial area, Mummiatti and another area around the airport near Hubli were the three sites which were offered by the government.
There are about 70,000 Nanos on the roads now.
Tata Motors is 'at a very high stage' in finalising a production site for its small car Nano at an overseas location, which could be either in Latin America, South East Asia or Africa.
Nano's production though continues unhindered despite mounting losses
The Tatas are planning to introduce its small car Nano in Latin America in partnership with Italian auto maker Fiat.
Tata-promoted Taj Hotels may decide to add the Nano to their line of chauffeur-driven cars used for guest transfers.
The innovations of the $2,500 car carry important lessons for Western executives
Tata Motors on Friday said it will increase the prices of its small car Nano, dubbed as the Rs 1-lakh wonder, by about Rs 9,000 with effect from November 1 to offset rising input costs.
The tiny Nano car made by India's Tata Motors has been described by company director Jamshed J. Irani as having huge potential. Even as analysts claim that the Nano could rock the international auto industry and put millions of new Indian drivers on the road, Irani told The Washington Post in an interview that while Tata is producing only about 100 units a day at present, it hopes to ramp up to about 1,000 vehicles a day next year.
At its current price - $1,819 per troy ounce - the gold alone adds $4.68 million.
Joining the list of nations that are keen to have the Nano ply on their roads, Cuba today said the world's cheapest car from the house of Tatas has huge potential in the Caribbean nation.
According to sources in the state government, Tata Sons chairman Ratan N Tata is expected to be in town on June 2 and the plant will be inaugurated by Gujarat Chief Minister Narendra Modi.
Enthusiastic owners who drove the Nano through dusty roads, highways and steep terrains, hundreds of kilometres at a stretch share their experience.
The tale of the creation and design of the world's cheapest car is one of innovation and ingenuity, both inside and outside Ratan Tata's organization.
The Tata Nano received over 203,000 fully paid bookings amounting to nearly Rs 2,500 crore (Rs 25 billion), Tata Motors said on Monday.
India's largest automotive group said it had received 203,000 pre-paid orders worth Rs25bn ($507m) for the Nano, the world's cheapest car, which it put on sale for a 16-day booking period which ended on April 25.
Bookings for Tata Motors' much-waited small car 'Nano' started across the country on Thursday and will continue till April 25.
Tata Motors have launched the Nano Twist in Mumbai. The Nano Twist, is the power steering variant of the Nano.
The company is currently selling an average 2,000 units each month.
Now Delhi-based Sona Koyo, which is supplying steering systems for the Nano, and Minda Group, which supplies electrical switches, have confirmed that they and other component suppliers have suggested a price rise to Tata Motors.
"Tata Motors has given us a commitment that it will set up a permanent satellite facility at Pantnagar for producing Nanos," said Chief Secretary Indu Kumar Pande. From the Pantnagar industrial unit, from where the company would launch its first car, Tata Motors is planning to produce a total of 50,000 units per year. Besides, it has agreed to distribute all its Nano cars from Pantnagar through its new subsidiary, Tata Motors Distribution Co Ltd.
It was the summer of 2006 (May 18). Writers' Building, then the state secretariat, was buzzing with journalists. The event marked the start of Buddhadeb Bhattacharjee's second term as chief minister. And in style, it got off with West Bengal bagging the small car plant, Nano.
Last year, HPL posted losses of around Rs 960 crore (Rs 9.6 billion) on revenues of Rs 8,662 crore (Rs 86.62 billion).
Tata Motors is the only Indian company, across all sections, to have won the award.
Now that the Left Front has cowed down to Mamata Banerjee's persistent pressure, it sends out a loud signal to their detractors -- unless you create nuisance in this state, you won't be heard.
Jamshedpur gave birth to Telco (now Tata Motors) which has just launched the low-cost Nano; Jamshedpur, according to the 35-year old Tata Housing Development Company managing director Brotin Banerjee, is what inspired Tata Housing to launch its Shubh Griha low-cost housing project in Mumbai.
Higher price tag and soaring fuel costs have swayed buyers away from the ultra compact car over the months.
Inaugurating the facility, spread over about 1,100 acres, Narendra Modi said it cost him Re 1 to have the plant in the state.
Tata Motors, however, will not be able to meet this small demand and keep the Nano alive from October next year, when safety regulations for existing car models kick in.
Tata Motors plans to open exclusive showrooms for its small car Nano in smaller towns, taking a leaf out of its runaway success mini truck Ace, which is also sold through 600 standalone stores along with normal dealerships across the country.
Tata Motors has offered the Nano small car to consumers who wish to buy it using credit cards.
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
The cabinet approved the auto major's demand to lower the rent from Rs 5 per sq metre to Rs 1 per sq metre.
Tata Motors, currently produces Nano from its plants at Pantnagar in Uttarakhand and Sanand in Gujarat.
The company plans test production of 50-60 cars per day from January.
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