New Delhi -°C
Today in New Delhi, India

Nov 14, 2019-Thursday
-°C

Humidity
-

Wind
-

Select city

Metro cities - Delhi, Mumbai, Chennai, Kolkata

Other cities - Noida, Gurgaon, Bengaluru, Hyderabad, Bhopal , Chandigarh , Dehradun, Indore, Jaipur, Lucknow, Patna, Ranchi

Thursday, Nov 14, 2019

Industry reactions to Tata's new Nano car

Following are comments on the car from industry executives and people at the Auto Expo, where it was unveiled.

autos Updated: Jan 10, 2008 19:32 IST

Reuters
Hindustantimes
         

Tata Motors Ltd, India's top vehicle maker, on Thursday unveiled the world's cheapest car, the Nano, which will be priced at 100,000 rupees ($2,500).

Following are comments on the car from industry executives and people at the Auto Expo in New Delhi, where it was unveiled.


Jagdish Khattar, Former Managing Director, Maruti Suzuki:

"The car is good to look at. There is a space in the market between two-wheelers and the 800 (Maruti's small car). It will be a success if they deliver what they promised. And I see no reason why they can't."

Ramesh Suri, Chairman, Subros:

"The best thing is that they have kept the price at levels promised at concept stage. It is good to look at. I can't say about the driving experience as I have not taken a trial."

Shinzo Nakanishi, Managing Director of Maruti SuzukI India LTD (speaking before the unveiling): "We cannot make a cheaper car. We don't know how to make a 1-lakh car unless we sacrifice something. We won't go below the 800 in our product line-up."

Maruti Suzuki's mini 800, priced at nearly double the Tata car, was the cheapest in the market. Asked about the impact of the Tata car on Maruti's sales, Nakanishi said: "There may be some impact."

Anand Mahindra, Managing Director, Mahindra & Mahindra LTD (speaking before the unveiling):

"I think it's a moment of history and I'm delighted an Indian company is leading the way."

Venu Srinivasan, Chairman & Managing Director, TVS Motor CO:

"It is fantastic, outstanding engineering. It helps redefine the sector in the country. It has established new grounds."

P. Sam, group head, Marketing and Sales, Yamaha Motor India Sales PVT LTD:

"The 1-lakh rupee car is not going to impact our potential customers. Our customers would buy our products for the sheer joy of riding."

Onkar Kanwar, Apollo Tyres LTD:

"I congratulate Tata. He has delivered what he promised."

Ashok Singh, Constable, Delhi Police:

"It is a dream come true. I look forward to buying that car. My wife will be really happy."

G. Colquhoun, Reader in manufacturing systems, School of Engineering, Liverpool:

"This is an important step for Asian markets. I look forward to this car being introduced in European markets."