Tata Motors nixes D-segment plans

Image
BS Reporter New Delhi
Last Updated : Jan 21 2013 | 1:39 AM IST

In 2009, at the Geneva Motor Show, Tata Motors had showcased a D-segment concept called the Prima. Designed by Italian design house Pininfarina, the concept indicated Tata Motors was planning to go upscale from its economical offerings.

Now, Tata Motors has decided not to enter this segment. This was revealed by Chairman, Ratan Tata, in the morning of the first day of the 2012 Auto Expo.

"This is a very busy segment. The cars here are either CBUs or CKD/SKD kits that are assembled. We will find it difficult to compete in terms of scale and refinement," he said. Cars that dominate this segment in India include the Toyota Corolla, Honda Civic, Skoda Laura and the Chevrolet Cruze.

If it had received a production go-ahead, the Prima could have possibly gone on sale this year. The manufacturer had attempted entering this segment in the 1990s, when it showcased the Magna concept. That, too, never got a go-ahead for production.

In its current line-up, the C-segment Manza is the most expensive sedan from Tata Motors. The firm has not been successful in its attempt to go up the luxury chain.

The Aria crossover, launched in October 2010 ,was packed with features but with prices starting at around Rs 13 lakh, was perceived to be, too, expensive. Owing to the tepid response it received, the price has been revised downwards.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 06 2012 | 12:41 AM IST

Next Story