From today onwards Tata Nano can be booked by paying only Rs 2999. The booking can be done by just paying Rs 2,999 upfront while the rest can be secured by way of loan.
Tata Motors has entered into an exclusive agreement with the State Bank of India to manage the booking process. The sale of application forms and acceptance of booking will start from April 9 till the end of April 25. The application forms will be available at a price of Rs 300, with a range of offers from select associates of the Tata Group companies.
The application forms will be available at over 30,000 locations in about 1,000 cities through Tata Motors Passenger Car dealerships, State Bank of India and its branches, its subsidiaries and associates, other preferred financiers, and outlets of Westside, Croma, 'World of Titan' and Tata Indicom exclusive stores.
Within 60 days from April 25, when bookings come to a halt, Tata Motors will process and announce the allotment of 100,000 cars in the first phase of deliveries, through a computerised random selection procedure.
These 100,000 allotments will be 'price protected', i.e. the cars will be available at Rs 100,000, excluding insurance and registration cost.
The price of the Nano, including that of the base model, will most likely go up after this.
Deliveries for the first 100,000 cars will commence from July 2009.
Tata Motors has entered into agreements with 15 preferred banks/NBFCs for the Tata Nano booking loan product. The preferred financial institutions are: State Bank of India, Tata Motor Finance, State Bank of Patiala, ICICI Bank [Get Quote], State Bank of Travancore, State Bank of Mysore, State Bank of Hyderabad, State Bank of Bikaner and Jaipur, State Bank of Indore, Axis Bank, Punjab National Bank , Federal Bank , Corporation Bank , Indian Bank, and the Central Bank of India. The updated list and details are available at www.tatanano.com .
The models of Tata Nano are
nano base
nano CX mid level
nano LX top end
Later on I will reveal what are the specs of NANO in detail
According to sources Maruti Suzuki India is planning to replace two of its most successful models—the WagonR, and multi-purpose vehicle, the Omni. New WagonR is being developed on the Suzuki’s MR Wagon platform, but would be distinctly different from the existing model.
When asked about he Omni, the source said the new van would be based on the multi-utility vehicle Versa platform and replace both the van and Versa models.
When asked to Maruti Suzuki Executive Officer, Sales and Marketing he told that company is following a policy to refresh different models every 5 years. He told that people want a change and they will get it. Source - Business standard
Tata Nano - The most awaited car of Indian market has very unique specifications. Let us take a short look about the Interiors of Nano
Dimensions: 3.1 metres (10.23 feet) long, 1.5 metres wide and 1.6 metres high. Can seat four to five people.
Colours- Green, Red ,Yellow and white
Engine: A two cylinder 623 cc, 33 horsepower rear mounted, all aluminium, multi-point fuel injection petrol engine can power the car to top speeds of 105 kilometres per hour (65 miles per hour). This is the first time that a two-cylinder gasoline engine is being used in a car with single balancer shaft. The lean design strategy has helped minimise weight, which helps maximise performance per unit of energy consumed and delivers high fuel efficiency. Performance is controlled by a specially designed electronic engine management system.
Fuel Efficiency: 20 kilometres per litre, or 50 miles per gallon is claimed.
Pollution: Exceeds Indian regulatory requirements and can meet strict Euro IV emission standards. In terms of overall pollutants, Tata says the car is better than two-wheelers manufactured in India currently.
Safety: Car exceeds current regulatory requirements with a strong passenger compartment, crumple zones, intrusion resistant doors, seat belts, strong seats and anchorage.
Initial Annual Production Target: 250,000 units to rise later to 350,000. PRICE: Basic model price 100,000 rupees (2,500 dollars) plus tax and transport costs, which will bring on the road price to at least 120,000 rupees. The price of two deluxe models that will include air-conditioning and other features to be announced later.
Nearest Domestic Car Rival: Maruti 800, part of Japanese-owned Suzuki Maruti stable whose base model sells for about 4,800 dollars -- nearly double the price of the Nano.
Nearest International Rival: China's Chery QQ which retails for 3,600 dollars.
Sales: Tata will focus on selling the car in India for the next two to three years, before eyeing Latin American and Southeast Asian markets.
Market: India's car market is a huge draw because car penetration is just seven per 1,000 people, compared to 550 per 1,000 in such countries as Germany or 476 in France, according to the Society of Indian Automobiles.
Company Details: Tata Motors is India's largest vehicle company with revenues of 7.2 billion dollars in 2006-2007. It is the leader in commercial vehicles, such as trucks and buses, and the second largest in passenger vehicles. There are over four million Tata vehicles on Indian roads.
Environment-friendly
The People’s Car’s tailpipe emission performance exceeds regulatory requirements. In terms of overall pollutants, it has a lower pollution level than two-wheelers being manufactured in India today. The high fuel efficiency also ensures that the car has low carbon dioxide emissions, thereby providing the twin benefits of an affordable transportation solution with a low carbon footprint.
Nano the most awaited Indian Small Car is expected to launch in the last quarter of this financial year. It means close to march or end of march it is going to be launched.
Well exact date of the car launch has yet not been disclosed. But from the sources and the websites of Nano and orkut community of nano its expected to be launch in last week of march 2009.
Hoping it is released earlier than this.
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