Tata Bolt has resurfaced back in spy shot market, with same raining Bolt camouflage, on Pune Bangalore highway. Does it sport AMT?
Tata Motors has successfully launched their new Zest sedan in India. The company now gears up to launch its new Bolt hatchback by early 2015. Spotted earlier on many occasions, Tata continues to test their Bolt hatchback, as suggested by these latest spy shots which were clicked in Chennai.
After a dismal sales year in 2013, automakers have upped the ante in doing what they do best, introduce new cars to strengthen buyer sentiment. August 2014 saw 2 big launches and huge bookings. Zest from Tata Motors reports over 10,000 in the order pipeline for the next 2 months, and Elite i20 from Hyundai has raked in 15,300 bookings in 20 days of launch.
Tata Motors has launched the new Zest compact sedan in India. Sold in two engine options and a total of nine variants, prices start at INR 4.64 lakhs for the base petrol variant and INR 5.64 lakhs for its diesel counterpart.
Tata Motors wishes to produce a new car from their plant in Sanand, Gujarat and are in talks with the Gujarat Government for the same. The current contract which the company has with Government of Gujarat is only extended to production of Nano with incentives granted to the company on the form of soft loans which are based on Value Added Tax paid on the sale of Nano.
Cyrus Mistry, Chairman of Tata Motors, one of the largest automobile makers in India, has revealed to shareholders that the financial year 2014/15 will also be a struggle for the company. In the meeting, he said that the company will take some more time in order to get on the overall growth trajectory.
Anticipating a turnaround in the domestic auto industry after a prolonged slowdown, Tata Motors have announced a capital expenditure plan of INR 3,500-4,000 crores. The company has two exciting new offerings in the form of Tata Zest and Bolt and plan to enhance their dealership networks on these optimistic predictions.
As the launch dates for two new models from Tata Motors draws closer, the company is keen to leave no stone unturned to make a comeback in the passenger car markets. Launch of the Zest sedan is pegged for early August, while the Bolt will soon follow.