Wednesday, November 24, 2010

Tata Motors expects robust demand for LCVs

Tata Motors on Wednesday said it is expecting over 50 per cent jump in the sale of its Ace family light commercial vehicles (LCV) in the current fiscal, on account of robust demand. This translates into upto 2.5 lakh units for sale.

"Last year, we sold about 1.6 lakh unit of our Ace family. This fiscal we are targeting upto 2.5 lakh unit, including exports," Tata Motors Head (Sales Commercial Vehicles) Mr Sandeep Kumar told reporters here.

Tata Motors will launch two light commercial vehicles -- Venture and Iris (see image)-- early next year.

The Ace family comprises light commercial vehicles Magic, Winger and Ace. These are manufactured at the Panth Nagar facility.

The company on Wednesday launched a new variant of its Winger, priced between Rs 6.98 lakh -- Rs 7.35 lakh (ex—showroom Delhi).

Source: http://www.thehindubusinessline.com/blnus/02241391.htm

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