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Tata motors Rs 1 Lakh Car launch Tomorrow

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Tata Motors, the country's largest automobile manufacturer, will unveil its much-touted 'people's car', better known as the Rs one-lakh car, tommorow

The company said in a statement that while it would unveil the car on January 10 during the expo, the commercial launch would take place later in the year.

The launch would mark the realisation of a dream for Tata Sons Chairman Ratan Tata, who is looking forward to silence critics of the project, just as he did with the company's first passenger car Indica.

Tata had in the past said that the 'people's car' would be a gearless one with a rear engine and meet all safety as well as emission norms.

While the initial plan is to come out with a 660cc petrol engine, the company is also planning to come up with the diesel variant. However, Tata Motors is facing a pricing issue with input costs going up manifold since the inception of the project. Tata had earlier this year at the Geneva Motor Show hinted that ultimately customers might have to pay a tad more than Rs one lakh for the car.

Besides, the company had to face political opposition for setting up its manufacturing plant at Singur in West Bengal, which ultimately began earlier this year.

source: Economictimes



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