Forgot Password? 

High-end Nano planned. Jag’s to get smaller, cheaper

Tata Jaguar Land Rover

Tata- Jaguar- Land Rover

According to Tata Motors MD & CEO Carl Peter Forster, the company is planning an upgraded Nano with a larger engine and a higher price tag. On the contrary, Jaguar will be introducing cheaper versions, with smaller engines.

“While pushing the Nano as the cheapest car, its other values have been overlooked. It is an engineering marvel; it’s spacious, fuel efficient and has an interesting price-value equation. So, we will offer a wider range of options to our customers,” said Forster.

Jaguar Land Rover CEO Ralf Speth said, “price-sensitive models are necessary to attract younger buyers. The company is already working on models with 2-litre engines, instead of the current minimum 2.2 litres. These will be launched shortly, but the plan is to go down the price ladder further so that the car is available for new customer groups.”

Forster said the company will decide by next year in which countries the car would be manufactured. “We are looking at larger developing markets except China. In some of them, we will require government support and might go with a partner,” Forster said.

News courtesy: bsmotoring

Share and Enjoy:
  • Print
  • Digg
  • del.icio.us
  • Facebook
  • Google Bookmarks
  • Yahoo! Buzz
  • email
  • LinkedIn
  • MSN Reporter
  • StumbleUpon
  • Twitter

Comments

One Response to “High-end Nano planned. Jag’s to get smaller, cheaper”

  1. biswas on November 11th, 2010 10:24 pm

    Can u count the no of Honda CRV’s engine cought fire at US.Also count the no of brake failure in Lexus and Prius

Leave a Reply