Tata Motors had launched Indica Vista in the Indian market and later Tata Nano made a statement in the car industry around the world. Now Tata Motors is ready to introduce a new model placed between the two models. Tata Motors is developing a new small car model priced at Rs. 3 lakh and above that will be placed between Nano and Indica model.
The new car has been codenamed as Dolhpin and is ready to be launched in next 18-24 months. The car is expected to be powered by an 800cc or 1000cc engine and will be strategically placed in the compact car segment. There is no official confirmation from the company but the car will be more like a farewell gift to Ratan Tata who will retire soon from the board.
Tata Nano electric will also be introduced in the European markets in next 30 months. Tata Motors has not revealed any plans to launch the model in the Indian market as of now.
Meanwhile, Tata Motors’ global sales have gone up by 39 percent. The impressive sales record indicates that the global brands of Tata Motors have also proved to be successful. The global brands of Tata comprise of Tata Daewoo and Hispano Carrocera. Tata Motors also owns prestigious brands like Jaguar and Land Rover. Jaguar has posted striking 28% growth for the company in last fiscal.
