The new Tata Indigo will be unveiled in Mumbai on October 14th by Ratan Tata, Chairman, Tata Motors. The new Indigo will be christened ' Manza ' and is essentially the saloon version of the Indica Vista. The Manza comes with a huge boot and promises best in class interior space. Typical of Tata cars, the Manza promises to offer good value for money as it is expected to be packed with equipment. Some of the features that can be expected are projector headlamps and steering mounted audio controls. The dashboard design is similar to the Vista's but will embellish with superior trim.
The Manza is expected with two engine options, the same that powers the Fiat Linea. The mainstay is expected to be the 1.3 litre, 90 bhp diesel while the 1.4 litre 95 bhp petrol will be the entry level model. Prices are not yet announced but we estimate the base version of the Manza petrol to cost Rs 5.8 lakh while the top-end diesel should be in the region of Rs 7.4 lakh (on road, Mumbai).
[Via: AutocarINDIA]
By the year 2012, Nissan would run as many as 9 models in India, said the company. Of these five will be local assembled by which the company plans to capitalize 5% share of the market. The company has already made a tie-up with the French car maker Renault by which an investment of Rs. 4500 crore has been made to increase the production from the current 700 to 3000 by 2012. The company is running its show in India with just two models - X-Trail and Teana and is on the verge of making three more models in 2009. Nissan has sensed the market potential of India- a possible 3 million units by 2014.
Nissan's aim is to grab the same 5% share which it possesses in the global market. For this the dealership too will be increased to 55 by 2012. Renault Nissan Automotive India Pvt Ltd is a joint venture between Renault and Nissan for the production in Chennai unit. The JV is to enhance the employee power to 3000 by 2012, of which the first 1500 will assemble in May 2010, when the production starts. With this expansion the Chennai unit will be able to deliver 4 lakh units per year with the full operation of the unit. The major feature of this production will be 85% of localized components.
Mahindra Renault is targeting to sell 1200 units of the Logan in northern region in the current fiscal. The company is also aiming to improve its market share in midsize segment in the region from 8% to 11% by the end of the financial year. To push up sales during the festival season, the company is offering various special schemes that include low interest finance.
"We are targeting to sell 1,200 units of Logan in 2009-10 compared with 1150 units sold in last fiscal in north comprising Punjab, Haryana, Himachal Pradesh, Jammu and Kashmir and Chandigarh," Company's Deputy General Manager, Indrajeet Ghoshal said. "We are targeting to sell 2,000 units of Logan across the country during this festival season," said Company's Senior Manager, Jasjit Singh Bawa.
[Via: motorbeam]