Court rules in favour of Tata Motors

KOLKATA | Fri Jun 22, 2012 2:54pm IST
(Reuters) – 
The Calcutta High Court on Friday nullified a law that forced Tata Motors (TAMO.NS) to forfeit Singur land acquired by the company to build a factory, in a decision that could pave the way for the automaker to recoup some of its $310 million investment in the development.

Court rules in favour of Tata Motors



The law, which forced the company to hand back land in West Bengal, was ruled “unconstitutional and void” by the Calcutta High Court, lawyers present told Reuters.


The ruling will be challenged in the Supreme Court, said Kalyan Banerjee, a lawmaker in the state government.


Tata, which abandoned the project in 2008 and shifted the factory to make its ultra-low cost Nano car to Gujarat, has previously sought compensation over the dispute.


“We will be studying the order before deciding the next course of action,” Tata Motors spokeswoman Ashmita Pillay said.


Shares in Tata Motors were flat in the afternoon, after having risen slightly following the ruling. 

Tata Motors global vehicle sales up 12% in May

Tata Motors Ltd’s global vehicle sales rose 12 percent in May from a year earlier, the Indian company said, mainly thanks to a 35 percent rise in sales of its luxury Jaguar Land Rover vehicles.
Tata Motors global vehicle sales up 12% in May

Tata Motors global vehicle sales up 12% in May

Puma - Sky Banner

Tata, part of the salt-to-steel Tata Group conglomerate, sold 96,089 vehicles in May. Overall passenger cars sales were 51,064 vehicles, a rise of 21 percent from a year previously.

Sales of its Jaguar Land Rover vehicles stood at 30,094 in the month. Commercial vehicle sales rose 3 percent to 45,025.

Source: REUTERS


188402_250x250 - Wedding Dresses at LightInTheBox.com

2013 TATA NANO DIESEL

Tata Nano Diesel will have a CRDI Diesel Engine from Bosch. The detailed specifications have not been announced as yet, but it is expected to be around 0.75 litre engine with a maximum power output of about 30bhp in 5-speed manual transmission.  The main USP of the Nano diesel is its fuel efficiency, 40 kmpl. At 40 km per litre, the running cost of the new Nano will be Rs 1 per km. The capacity of the fuel tank is expected to be 15 litres.

2013 TATA NANO DIESEL 

The price of the diesel Nano is yet to be finalised, market experts say it will be 15-20 per cent more than the petrol version. The price for the full option Tata Nano diesel car is about 3.5 lakhs. The cost of the base model of Tata Nano Diesel ex-showroom is expected to be upward of Rs.1.5 Lakh Rupees. On road price of Tata Nano Diesel will be around Rs. 1.65 Lakhs or more depending on the state you live in.
With increased fuel economy, Tata Motors is aiming to target Maruti Suzuki, the country’s largest car maker, whose unique selling proposition is mileage.
   
 
Tata Nano Diesel likely to be launched in 2012

TATA MEGAPIXEL – GENEVA MOTOR SHOW 2012

                                Disclaimer
Tata has announced launch of its new small car, Tata Megapixel. Tata claims that it gives 100 kmpl mileage! It would have hybrid engine. Its still a concept car, Ratan tata unveiled it in Geneva motorshow. It is capable of transporting four people in it

Tata Megapixel comes with four electric motors. They are powered by a 13kWh lithium-ion phosphate battery pack and a 325cc single-cylinder



 petrol range-extender engine which recharges the battery while in motion.

 The Megapixel has a range of up to 900 km with a single tank of fuel and can reach a maximum speed of 110kph. It produces just 22g/km of CO2 emission and fuel economy of 100 km / litre (under battery only power).

The Megapixel concept features a unique drive system which places four independent electric motors, one at each wheel. The motors which are capable to drive in either direction work in combination with the front wheels which can pivot at acute angles allowing the Megapixel to have a turning circle of impressive 5.6 metres.

Videos 
Via:Gizmag

BAJAJ RE 60 VS TATA NANO

Finally, Tata Nano has a competitor in Bajaj RE60 in the ultra-low cost four-wheeler category. However, these two vehicles are not strictly comparable as RE60 is aimed at targeting three-wheeled rickshaw drivers to go for an enclosed model; whereas Nano is full-sized car.
While Bajaj’s RE60 is fitted with a one-cylinder, rear-mounted 200cc water cooled DTSi petrol engine; Tata Nano offers a decent performance with its two-cylinder, 624cc multi-point fuel injection petrol engine with a maximum power of 37 bhp at 5500 rpm.


image thumb Bajaj RE60 Vs Tata Nano [Comparison]
However, Bajaj RE 6o promises a higher average of 35 kilometers per litre and a top-speed of 70 kilometers per hour; as against around 25 kmpl provided by Tata’s Nano. Both the vehicles has a seating capacity of 4 persons.

Rajiv Bajaj, MD of Bajaj Auto, was quoted as:

We are Apple kind of company. We believe in making niche products; we are an ‘anti car’ company. We are 2, 3 and 4 wheeler company and in this space, our investment can’t be anywhere near a car company, investment closer to what one would invest as 2 or 3 wheeler maker.”

While a fully-loaded version of Nano would cost you around Rs.2.25 lakh at on-road Mumbai price, the Bajaj’s petit car is likely to be priced much lower at around Rs.1.5 lakh to woo rickshaw owners to shift to the new four-wheeler model from their motorized three-wheeled rickshaws.

The Final Verdict:
Once we have taken all the above mentioned parameters into consideration, one does not need to be a genius to predict the winner. The Nano is the victorious car in this comparison, but one needs to wait and see how the production model of the Bajaj RE60 performs once it is launched on Indian roads.

Enhanced by Zemanta