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According to ET,TML is working upon an all new hatchback to take on Suzuki and Ford.Launch by 2015.
Link:Tata Motors lines up new premium hatchback to take on rivals Maruti, Ford - The Economic Times
Excerpt from the report:
THE X-OVER
Link:Tata Motors lines up new premium hatchback to take on rivals Maruti, Ford - The Economic Times
Excerpt from the report:
TATA is working on a new premium small car that will compete with successful models of rivals Maruti Suzuki and Ford Motors.
The new car, codenamed 'X0', is likely to be built on the refurbished Indica platform and will be one of the company's biggest launches when it is unveiled in 2015.
Tata Motors Managing DirectorKarl Slym who played an important role in introducing cars such as the Spark and the Beat for General Motors in India, is aiming to deliver a modern, contemporary vehicle that appeals to the youth.
The exact product specification in terms of design, cost and time, called final data judgement (FDJ) in industry parlance, is likely to be frozen on March 31. Vendors will then be asked to work on the project.
The small car is expected to be powered by a 1.05-litre three-cylinder diesel engine and 1.2-litre turbo petrol engine. To offer a wider price range, Tata Motors may include other higher-powered engine options as well.
The X0 will be positioned in the 40,000-units-a-month hatchback market, which makes up 20% of the overall passenger vehicle segment. It will also see competition in the form of Hyundai's new small car (BA) and localised Skoda Fabia, among others.
The new car, codenamed 'X0', is likely to be built on the refurbished Indica platform and will be one of the company's biggest launches when it is unveiled in 2015.
Tata Motors Managing DirectorKarl Slym who played an important role in introducing cars such as the Spark and the Beat for General Motors in India, is aiming to deliver a modern, contemporary vehicle that appeals to the youth.
The exact product specification in terms of design, cost and time, called final data judgement (FDJ) in industry parlance, is likely to be frozen on March 31. Vendors will then be asked to work on the project.
The small car is expected to be powered by a 1.05-litre three-cylinder diesel engine and 1.2-litre turbo petrol engine. To offer a wider price range, Tata Motors may include other higher-powered engine options as well.
The X0 will be positioned in the 40,000-units-a-month hatchback market, which makes up 20% of the overall passenger vehicle segment. It will also see competition in the form of Hyundai's new small car (BA) and localised Skoda Fabia, among others.
THE X-OVER
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