Tata
Motors targets sale of 6,000 Indigo Marina units
Financial Express —
September 28, 2004
Tata
Motors, which launched its Indigo Marina version
here Sunday, plans to sell 4,000 to 6,000 units
annually. The new version of Indigo Marina is
positioned by Tata Motors for mainstream usage,
which it says combines the luxury of a sedan along
with the convenience of a multi-utility vehicle
(MUV). Jalaj Gupta, regional manager (east), Tata
Motors, said: "You’ll find very few sedans,
either in US or Europe as the majority being station-wagons
or the ‘estate’ version which the Indigo is."
"The current Indian station-wagon market
is very small but we believe this particular market
has the potentiality to grow. So we wanted to
tap this particular market with Indigo Marina,"
he noted. Asked about the target set by Tata Motors
for the car, Mr Gupta stated, "We hope to
sell 4,000 to 6,000 units of Indigo Marina a year."
"The company is not planning to export the
car right now, but it can be exported if there
is demand in the overseas market, like Indica,"
he explained.
Talking of competition, Tata Motors general manager
said the current market for ‘estate’ vehicles
was limited to 100 units a month, which was being
shared among the Opel Corsa Swing, Weekender from
Fiat Sienna and from a Baleno version. The Indigo
Marina, according to Mr Gupta, is targeting people
who want the combination of features available
in vehicles like the Ford Ikon, Opel Corsa or
a Fiat Sienna and Indigo together with those available
in multi-utility vehicles like Scorpio, Qualis,
Sumo, et al.
It was first launched by Ratan Tata on September
15 in Mumbai, with subsequent launches planned
for different cities. Tata Motors launched the
Tata Indigo in January 2003. It has sold more
than 50,000 units within 20 months, the fastest
for any sedan, the company averred.
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