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Tata Motors had acquired the J & LR from the Ford in 2008. And now the company launched the J&LR cars, priced in range of Rs. 63 lakh to Rs. 92 lakh in Indian market.
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editor on June 29th 2009 in Auto India News, Tata Motors
Tata Motors has declared that they have finished the procedure to pick the first 1 lakh owners of Nano from the total of 206703 applicants who booked the Nano.
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editor on June 24th 2009 in Auto India News, Tata Motors
Tata Motors will offer salary rise to its personnel in 2009-2010, though the salary rise won’t be in tune with that of the 2008-09.
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editor on May 19th 2009 in Auto India News, Tata Motors
Tata Motors has raised nearly Rs 2,500 crore from the Nano bookings. This cash should support relieve the Tata’s finance requirements, particularly to deal with the bridge loans for buy of marquee brands JLR (Jaguar & Land Rover).
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Banks which are in deal with the Tata Motors for financing its Nano, are planning to maintain the minimum eligibility criteria, so that the low & middle salaried group remains interested to their loan schemes (for Nano only).
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Tata Nano has been certified as the topmost petrol-run car in India by the Automobile Research Institute of India (ARAI) that offers fuel efficiency of a 23.6 km/l (under std conditions).
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editor on April 6th 2009 in Auto India News, Tata Motors
Tata Motors has organized a cost-free summer check up operation for its all passenger cars and UVs in different metros in the country that offering cost-free check-ups, smart repair concessions, and expert suggestion on the customer problems.
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Now Nano Buyers can get loans from any bank in the country. Even though Tata Motors had signed a deal with SBI (state Bank of India) for its Nano, the buyers are allowed for other banks also.
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editor on March 30th 2009 in Auto India News, Tata Motors
With a launch of Nano car just days away, Tata motors has started to make extended overdue payments to their vendors. Tata motors has joined with the SIDBI (Small Indstrl Development Bank of India) to assist them clear up their dues with the component manufacturers.
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Tata Nano’s bookings are probably to touch 5 lacs units in the beginning period of launch. The initial booking cost for Nano car, Rs.70K, has been kept high to avoid multiple bookings being made by individuals. It will make sure that that just those who are firm about buying the Nano, reserve it.
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editor on March 21st 2009 in Auto India News, Tata Motors