Latest News – The Tata Tiago, the bellwether car for India’s largest automobile manufacturer Tata Motors, has crossed the 100,000 bookings milestone in the domestic market. Launched in April 2016 the car has played a crucial role in turning around the company’s passenger vehicle (PV) sales, which grew 23.5 per cent year on year (Y-o-Y) in FY17.
It also turned around the company’s Sanand plant which was reeling under low capacity utilisation. From producing 25,042 units (combining the Nano and Tiago) in FY16, the Sanand plant’s production grew 158 per cent in FY17 to 64,780 units banking on 56,475 units production of the Tiago hatchback (refer Table 2). Sanand at present is running full steam to meet the bookings pipeline.
The Tiago is the first car from the Tata stable that embodied the company’s Impact (Read More)