The conflict began around Diwali when a group of workers demanded pay hike.
Nearly 80 per cent of the buyers opting for the more expensive variants instead of the base-level car which is priced at Rs 1.23 lakh (ex showroom, Delhi). The trend is based on responses from dealers and banks that took bookings in Delhi, Mumbai, Pune, Bangalore, Chandigarh and Kolkata on Thursday. The Nano CX costs Rs 1.48 lakh and the top-end LX Rs 1.72 lakh.
Excerpt from The Nanologues by Vanessa Able.
Trinamool sources indicated that invitations had been extended to Tata Sons Chairman Ratan Tata and several senior executives of the Tata group.
Names of the 100,000 customers who have been finalised for allotment of the Nano through the computerised procedure were announced by the company last month.
Indian carmaker Tata Motors gave the world its cheapest car in the form of Nano.
Tata Motors' Nano may be struggling to survive, but Renault Nissan alliance Chairman and chief executive officer Carlos Ghosn is glad the group followed the lead of "visionary" Ratan Tata's dream project
Even after people rushed to various centres to book the Nano on Saturday, the last official day for doing so, dealers undertook bookings on Sunday and Monday, breaching the time-line set by Tata Motors.
In all, Tata Motors received 206,703 applications for the Nano. It also said that deliveries to the first batch of 100,000 applicants will begin in July and is expected to be completed by the last quarter of 2010. The company is presently manufacturing the Nano at its plant in Uttarakhand; production at the car's mother plant at Sanand, Gujarat, will only start later this year or early next year.
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Tata Motors, India's largest car maker by revenue, is exploring the possibility of adding more models to the production line at its Sanand plant in Gujarat.
The Indian conglomerate is also studying investments in automobiles, software and hotel businesses, as well as biofuel in South American markets such as Brazil and Argentina.
Discounts range between Rs 20,000 and Rs 80,000.
We will not be in the ultra-low-cost car segment. Our focus will be on the A1 and A2 segments, which are growth areas in which many of the new players like Nissan, Volkswagen or Toyota are planning to enter. Our entry-level car will remain the Maruti 800.
Mamata Banerjee and Singur share a history that dates back to 2006.
A hatch back made by Volkswagen is the only safe car among best selling four wheeler.
Nano, the wheels that millions of Indians have been waiting to drive, on Monday hit the roads and waved goodbye to Tata Motors' enduring image as a truckmaker.
"We have no function at our manufacturing plant," said a Tata Motors official from its Pantnagar facility from where it was rolled out one year ago.
Sensing stiff competition from Maruti Suzuki with the all-new Alto 800 with an aggressive price tag, Hyundai and Tata Motors announced deep price cuts and launch of new special edition variants, respectively to beat the market leader.
Uttarakhand government has written to Tata Motors, asking the auto major to sell a majority of the Nano cars through its new subsidiary, Tata Motors Distribution Co Limited, which was recently floated at Pantnagar. Through the sale of the Nano cars and other commercial vehicles which are being manufactured at Pantnagar, the state government is hoping to earn additional tax collections of Rs 100 crore to Rs 200 crore through a 12 percent VAT.
People in the hilly town of Gopeshwar in Chamoli district were recently surprised to see the Nano, Tata Motors' controversial Rs 100,000 car, parked on a roadside.
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The biggest winner of the Tata drive to drill down innovation to every person on every shop-floor is the Tata conglomerate. While the most visible symbol of this has been the Nano, insiders say Tata has already started asking his senior executives, 'What is the next Nano?' The innovation drive is seeking to answer that question.
'Tata may have sensed that the suddenness of the decision to replace Mistry would become controversial and it was proper to keep the prime minister informed of the decision,' says A K Bhattacharya.
Typically, about 70 per cent of a car dealer's revenue comes from businesses like servicing, arranging finance, sale of spare parts and accessories, insurance renewals, offering driving lessons, etc. A New Delhi-based dealer said even those ancillary services might not fetch them the margins they earn from servicing other models of Tata Motors like Indica and Indigo.
Nano's sales have been sliding. How does Tata Motors plan to bring the excitement back?
Meanwhile, pre-construction work has begun at the Nano plant site in Sanand near Ahmedabad. Spread across an area of 1,100 acres of land, the plant will bear an investment of Rs 2,000 crore (Rs 20 billion).
India's first woman photographer Homai Vyarawalla, who is eagerly waiting to drive a Nano after she parted with her 55-year-old Fiat, has been offered the first 'people's car' by a Tata Motors dealer in Vadodara.
The country's largest lender SBI on Friday said it has been appointed as the sole booking agent for the world's least expensive car, Nano, from the stable of Tatas.
With the Indian car market growing at the rate of 30 per cent no car maker wants to miss the opportunity.
Tata's small car might just have managed to steal the thunder from the annual boat racing festival in Kerala. For a special offer for Onam, Keralites have decided to give oars a rest, and test-drive the Nano instead.
Admitting that Nano has 'wasted an early opportunity' due to teething problems, Tata Group chief Ratan Tata on Thursday said Tata Motors will do everything to undo the tag of 'poor man's car'.
Close on the heels of Tata Motors' announcing a special financing scheme for its small car Nano to perk up sales, the company on Monday announced that the car will be now available in its 874 outlets pan-India.
Top Tata executives do not attend swearing-in despite invite.
Rising interest rates and anticipated launch of the Tata Nano has impacted the sales of entry level cars like the Maruti 800, and anlaysts expected the entry level market dynamics to change further post the Nano launch expected in the last quarter of the fiscal.
Tata Motors, India's third-largest car maker, plans to use the platform of its low-cost small car Nano to build electric and hybrid cars.
NRI industrialist Swraj Paul-owned Caparo Group, a key vendor for Tata Motors' Nano project, is setting up a Rs 120-crore (Rs 1.2 billion) facility at Singur to supply sheet metal and vehicle frames for the world's cheapest car -- due for commercial launch later this year.
The actor seems to be in love with the new car, launched by the Tatas.
The Nano Europa will have a slightly longer wheelbase of 2.28 metres and will be powered by a 3-cylinder all-aluminum gasoline engine with 5-speed automatic transmission and electric power steering.
While it is difficult to attribute any one single reason to this, low cost, less depreciation, easier loans, and ready availability of good models are some of the reasons behind this boom.
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