Wednesday 25 March 2009

NANO CAR FROM INDIA



Much-Awaited ‘Nano’ CAR BEEN Launched BY INDIA Tata Motors

On 23 March 2009, India Tata Motors has commercially launched the Rs 100,000 (US$2,000) price tag small car ‘Nano’. In term of Malaysian value is only RM6,000.

The car was much awaited across India since unveiled at the Auto Expo in New Delhi on 10 January 2008.

Tata Motors keeps its price promise as Nano Standard version priced at US$ 2,000 ex-Factory Pantnagar (excluding transportation charges and value added tax).



Main features of Tata Nano:

- rear-engine;
- sheet-metal body;
- spacious passenger compartment;
- tubeless tyres;
- wider rear wheels;
- intrusion-resistant doors;
- reinforced passenger compartment;
- lowest CO2 emission at 101 gm/km;




Nano, rolled out from Tata Motors’ plant in Pantnagar (Uttarakhand), is available in three variants:

i. Nano Standard

- ex-showroom price US$ 2,467 (Rs 123,360);
- three colour options;
- single-tone seats; and
- fold-down rear seat

ii. Nano CX

- ex-showroom price US$ 2,967 (Rs 148,360);
- five colour options;
- heating and air-conditioning;
- two-tone seats;
- booster-assisted brakes;
- fold-down rear seat with nap rest

iii. Nano LX

- ex-showroom price US$ 3,447 (Rs 172,360);
- central locking;
- front power windows;
- fog lamps;
- electric trip meter;
- cup holder in front console;
- mobile charger point;
- rear spoiler
Specifications:

- two-cylinder 624 cc petrol engine;
- four-speed gear box;
- top speed of 105 kmph;
- fuel tank capacity of 15 litre;
- mileage of 23.6 km/litre (highest for any petrol car in India);
- ground clearance of 180 mm;

- dimension:

o weight of 600 kg;
o length of 3.1 metre;
o height of 1.6 metre; and
o width of 1.5 metre



Nano has the smallest exterior footprint, but is 21% more spacious than smallest car available.
In India booking of Tata Nano will open from 9 - 25 April 2009 with an application amount of:

- US$ 1,900 (Rs 95,000) for Nano Standard;

- US$ 2,400 (Rs 120,000) for Nano CX; and

- US$ 2,800 (Rs 140,000) for Nano LX

Tata Motors has entered into agreements with 15 preferred banks/non-banking finance companies (NBFCs) to enable customers to book the car at US$ 60 (Rs 3,000) under financing scheme.

The allotment of first phase of 100,000 Nano cars will be through computerized random selection procedure.

These 100,000 allotments will be price protected for the launch prices till delivery of the cars but the booking amount will not bear any interest for the customers.

Delivery of Tata Nano will commence from July 2009.

The launch of Tata Nano cars is expected to bring a revolution in the automobile sector as the cheap-priced car will create a huge demand in the recession-hit sector.

The delivery of 100,000 cars may take one year, as the first batch will roll out from the Pantnagar plant, which has a capacity to produce 50,000 cars annually. However, the situation will improve after Tata’s plant at Sanand in Gujarat, capable of producing 350,000 car per annum, becomes operational early next year.

Price protection for the first 100,000 cars indicates that the Rs 100,000 price tag for the basic petrol-driven car will be revised later.

Nano project had faced several hurdles leading to delay of the launch of the car because of stiff protest at the Singur plant in West Bengal on the land acquisition issues, forcing Tata Motors to shift plant to Sanand in Gurjarat last year.

According to market research firm Crisil, Nano will make the car affordable to an additional 14 million families, including 58 million two-wheeler owners.

This is just for our information on the new technology on car manufacturing in India………… salam.