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Article: Nano to change Tata Motors' market position: Ratan Tata.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- July 1, 2008
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Nano to change Tata Motors' market position: Ratan Tata
Kolkata, July 1 (PTI) -- Tata Motors' Rs one lakh car Nano will dramatically change the company's market position, reach and visibility, although high fuel prices have cast a cloud on overall vehicle sales, company chairman Ratan Tata said today.
In his statement to shareholders of Tata Motors, he said that although the company registered a growth of 5.5 per cent in the commercial vehicles (CVs) segment, it had lost market share.
Tata said the company introduced several new models and variants of CVs, but was unable to exploit the full market ...