Tata Motors on Monday said its president for the passenger car division, Rajiv Dube has resigned from the company.
The Manza will be available with two fuel options, seven colours and four versions -- Aqua, Aura, Aura (ABS) and Aura+. The car will be powered by a 1.4 litre Saffire petrol engine and a 1.3 litre Quadrajet diesel engine sourced from Fiat, both producing identical power.
Close on the heels of the Mukesh Ambani-controlled Reliance Retail's possible entry into the second-hand car market, Tata Motors, the country's second largest automobile major, is planning a similar foray.
Tata Motors is considering increasing its capacity for the passenger car business unit and would take a final call on it in the next two years.
Tata Motors on Friday hinted that it may increase the prices of its cars due to continued pressure on margins because of increased input and freight costs.
Undeterred by the scepticism shown by Maruti, the Tatas on Friday said they were working on the concept of the proposed entry-level car with Rs 100,000 price tag.
Tata Motors' successful B segment car Indica is to hit the British roads very shortly under an export agreement with MG Rovers, United Kingdom.
Tata Motors Ltd, which has just emerged as the number two passenger vehicles company in the country, said on Friday
Mukund Rajan, who worked closely with Ratan Tata, recalls the unique experience of working with the corporate titan.