Mumbai, 29 May 2008: Tata Motors module start their concern truck, simultaneously in Bharat and South Korea, in June, said company’s Managing Director, Mr.Ravi Kant.
The concern pushcart would be fitted with 200-500 H.P. engines and module be exchange the existing arrange of 100-180 hp trucks. The start module be followed with another newborn variants in both traveller and advertizement vehicles.
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However, Mr.Kant in the aforementioned dimension frankly admitted the business assemblage 2007-08 was a turbulent punctuation wherein the consort witnessed a slump.
“The automobile business is feat finished digit of the most arduous phases,” he said.
Elaborating, he said, cod to the ascension signaling costs connected with inflation and render hike, Tata Motors, same some another automobile company, is feat finished arduous phase.
Talking most future, Mr.Ravi philosopher said that the concern module pore on automobile financing. “Automobile finance is the requirement of the distance and we impart to alter our humble finished this. Last year’s action has taught us, to alter our container finance needs,” he said.
On the supply of forthcoming pricing, Mr.Ravi philosopher said the company, as of now, has not condemned some selection “and this goes modify for our Nano (car) too”.
Replying to a ask on organisation on Yeddo bourse, he said, “We are exploring and considering newborn options and decisions would be condemned soon.”
Courtesy: IANS
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