Bookings for Nano to be cleared by Dec 2010
Tata Motors has sketched the delivery of Nano for the bookings made and the customers can drive their car by exactly a year later from now. This was disclosed by the company’s President for Passenger cars. Speaking on the occasion of the launch of Sumo Grande, he said so far 15000 cars have been delivered since July and out of 2.03 bookings 1.55 lakh customers are willing to wait for the delivery.
This indicates that Tata Motors is in need of 140000 cars for delivery by next 12 months @ an average of 4000 cars a month. This could be possible if the Sanand unit starts production from April next. The new launch Sumo Grande MK II is lesser by Rs30000 from the current version (Rs6.43lakhs –Rs7.50 lakhs). The car comes in BS-III compliance and in three variants; is equipped with 2.2 lit DICOR engine.
Tata likes to retain Sumo Victa (Rs5.5 lakh) but the Sumo Grande will be withdrawn. Tata’s Sumo segment has a sale volume of 2000 units a month and Safari enjoys 18% market share in utility vehicle sector.