Tata Motors, India's highest revenue earning automaker has replaced Hyundai India as India's second largest domestic passenger car selling company , said company officials. As Maruti Suzuki India is poised on number 1 spot with about 54% market share, the second position is always been a competitive spot for major domestic car manufacturers like Tata Motors, Mahindra & Mahindra and Hyundai India. It took 2 years to Tata Motors to regain its position as India's second highest passenger car selling company, officials added.
In the passenger vehicle segment, Tata Motors sold 31,081 units last month which accounts for a growth of 48 percent compared to sales in January, last year, as per the data provided by Society of Indian Automobile Manufacturers (SIAM). At the same time Hyundai India sold 29,601 units in passenger vehicle category in its last month's sales. But the show stopper was Maruti Suzuki which sold a whooping 81,087 units last month, much higher than Tata's total domestic sales.
Tata Nano, the world’s cheapest car is being modified to make it readable for sale in U.S. The car is going under the process of modification to meet emissions and safety standards of U.S. The company has not disclosed the price but it is expected that the price would be more than the price charged in India. Ratan Tata, chairman of Tata group of companies has said that the car would take three years for US distribution. Before Tata Nano can be sold in US the car’s 623cc would have to be retrofitted to meet U.S. pollution standards. The few things that have to be modified like airbags have to be added, the roof has to be strengthened and the front bumper has to be lengthened.
