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Old 4th May 2008, 14:26   #1
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Default Nano May Not be Rs 1 Lakh After all

A day or two back, it was coming on a news channel at round 1 pm.. I think it was zee news or zee business. There the news was that the suppliers have increased the cost of the parts used in the Nano and that the nano might not be able to even carry an ex showroom price of Rs. 1 Lakh.

This will really be disastrous for Ratan Tata as his dream for the 1 lakh car might just have to remain as a dream . It will now be interesting to see how Tata gets the price back to 1 lakh ( ex showroom )
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Old 4th May 2008, 14:28   #2
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We were told quite clearly at the Auto Expo earlier that it would be about 1.3L for the base model and the higher model with Aircon would be close to 1.5L.
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Old 4th May 2008, 15:18   #3
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Sam, those prices would be the on road prices of the car once it is launched.

During the Nano's unveiling at the auto expo, Mr. Tata had said that it would be available at an ex showroom price of 1,00,000 Rupees, since "A promise is a promise".

However, I doubt that the suppliers would be able to increase prices at this stage of the program. I am sure negotiations would have finished and prices would be frozen with a lock in period as wel. I wonder how reliable this news actualy is.

Suhail
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Old 4th May 2008, 15:26   #4
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Surely Ratan Tata would have predicted such a rise before itself in his mind . And the Tata team may already have found the solution to tackle this .
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Old 4th May 2008, 15:29   #5
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IIRC the ex factory price was 1 lakh

Will Tatas be able to keep Nano at Rs 1 lakh?
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Old 4th May 2008, 15:56   #6
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Quote:
Originally Posted by greenhorn View Post
IIRC the ex factory price was 1 lakh
Whats the difference between ex factory & ex showroom price?
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Old 4th May 2008, 15:59   #7
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ex factory price doesnt include transport. Thats why Ratan tata said the ex showroom price would be 1 lakh in Singur.
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Old 4th May 2008, 16:59   #8
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Even it does not include VAT. vat @ 12.5 % on 1lakh comes to 1.125 lakhs which is ex-showroom price. Add to that, transportation cost, insurence cost and road tax which totals to around 1.25 - 1.30 lakhs.
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Old 4th May 2008, 18:11   #9
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The price rise is a boon in disguise as it will keep the hoardes of unskilled drivers off the road. I hope the basic model hits the roads at 1.75lakh. We have enough idiots on the roads without encouraging more.
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Old 4th May 2008, 22:05   #10
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Quote:
Originally Posted by bigman View Post
The price rise is a boon in disguise as it will keep the hoardes of unskilled drivers off the road. I hope the basic model hits the roads at 1.75lakh. We have enough idiots on the roads without encouraging more.

And i guess u are the only brilliant genius in this country who deserves to drive on the roads here. the Country's infrastructure is not your personal property. Others have an equal right to use it. Just because, you have a proper car,and can afford the luxuries in life, dosent mean that the common man has no dreams of owning a car and transporting his family in safety. The tata nano is a dream come true for many.And its price rise would affect the dreams of many.

People like u are the main reason why India is not yet a fully developed country. Neither do u do anything to contribute anything (as can be understood from your attitude) nor do u appreciate the efforts of others. ratan tata and his team have worked their hearts out on this project to make it a success, and what does the great BIGMAN do? Pray that he fails.

bigman, whoever u are,Please refrain from such arrogant and pompous statements on this forum. Do what little u can do top this country- Keep quiet atleast!
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Old 4th May 2008, 23:10   #11
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Quote:
Originally Posted by JayD View Post
And i guess u are the only brilliant genius in this country who deserves to drive on the roads here. the Country's infrastructure is not your personal property. Others have an equal right to use it. Just because, you have a proper car,and can afford the luxuries in life, dosent mean that the common man has no dreams of owning a car and transporting his family in safety. The tata nano is a dream come true for many.And its price rise would affect the dreams of many.

People like u are the main reason why India is not yet a fully developed country. Neither do u do anything to contribute anything (as can be understood from your attitude) nor do u appreciate the efforts of others. ratan tata and his team have worked their hearts out on this project to make it a success, and what does the great BIGMAN do? Pray that he fails.

bigman, whoever u are,Please refrain from such arrogant and pompous statements on this forum. Do what little u can do top this country- Keep quiet atleast!
Hmm, why not ban Nano and introduce better bus services in cities - in rural ofc, its tricky

why not make public transport convenient, nice, affordable and ubiquitous?
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Old 4th May 2008, 23:40   #12
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Headsup to Jayd, could not have put it down better.

At other critics of the Nano's pricing, whats up really? A man has a vision, something that the pioneers of the industry could have not ever thought possible.
Ratan Tata has just almost managed to pull off 'the impossible', if not 1 lac, a few thousands more, really whats the difference. Appreciate the effort if you can't do anything else.

You'll should know this, my brother was in China very recently for a trade fair.
He visited a stall of a locally well known Chinese manfacturer. Upon enquiring about the price for one of the entry level hatches they had on display, my brother was told, "you are from India, we can't make cars for 2500 $, just not possible"
Remember this is a reputed manafacturer from a country that has the lowest prices for almost anything you can think of.

manson.
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Old 4th May 2008, 23:55   #13
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Default Yes its difficult.

Yes its very difficult to keep up with the ex-showroom price tag of 1 lakh.
The words " Promise is a Promise " are really doubtful. Ratan Tata promised that India would have

1) Price of 800,
2) Fuel effeciency of Zen and
3) Space of Ambassador.

Well all three are not satisfied.
I am sincerely expecting 1.3 lakh tag for Nano as ex-showroom price.
The only, and one important bonus for Gujarat state is that here we are no longer having Octroi.
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Old 5th May 2008, 00:38   #14
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Quote:
Originally Posted by bigman View Post
The price rise is a boon in disguise as it will keep the hoardes of unskilled drivers off the road. I hope the basic model hits the roads at 1.75lakh. We have enough idiots on the roads without encouraging more.
I can think of a few more boons in disguise like this for this country.

Let's raise the price of cows and bulls, this will keep the farmers off the roads.

This will automatically raise the price of milk, so only the rich kids can afford to drink it and be healthy.

Why milk, let's raise the price of all food in India, so only the rich can eat, the poor will die of starvation and our population will be controlled quickly.

Come on bigman, think before you make a post like that. It's not nice to assume that a person who cannot afford an expensive car is an unskilled driver and/or an idiot.

Most of the unskilled drivers and idiots that I know drive cars that cost over 20 Lakhs.
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Old 5th May 2008, 01:02   #15
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Quote:
Originally Posted by JayD View Post
And i guess u are the only brilliant genius in this country who deserves to drive on the roads here. the Country's infrastructure is not your personal property. Others have an equal right to use it. Just because, you have a proper car,and can afford the luxuries in life, dosent mean that the common man has no dreams of owning a car and transporting his family in safety. The tata nano is a dream come true for many.And its price rise would affect the dreams of many.

People like u are the main reason why India is not yet a fully developed country. Neither do u do anything to contribute anything (as can be understood from your attitude) nor do u appreciate the efforts of others. ratan tata and his team have worked their hearts out on this project to make it a success, and what does the great BIGMAN do? Pray that he fails.

bigman, whoever u are,Please refrain from such arrogant and pompous statements on this forum. Do what little u can do top this country- Keep quiet atleast!
@JayD............we should be lucky that men with vision like Ratan Tata and a few others choose to duke it out in India, given the operating conditions here....Tata had placed India on the automotive map of the world....@All...check out these lists...

Top 20 motor vehicle producing countries 2007
Motor vehicle production (1000 units)


Japan 11596
USA 10781
China 8882
Germany 6213 (includes GM Belgium)
South Korea 4086
France 3019
Brazil 2971
Spain 2890
Canada 2578
India 2307
Mexico 2095
UK 1750
Russia 1660
Italy 1284
Thailand 1238
Turkey 1099
Iran 997
Czech Rep. 939
Belgium 844
Poland 785

source:
[COLOR=#0000ff]http://oica.net/wp-content/uploads/all-vehicles.pdf[/COLOR]


Top 20 motor vehicle manufacturing companies by volume 2006
Total motor vehicle production (1000 units)


Toyota* (9,120,731)
General Motors (8,926,160)
Ford (6,268,193)
Volkswagen Group (5,684,603)
Honda (3,669,514)
PSA (3,356,859)
Nissan (3,223,372)
Chrysler (2,544,590)
Renault (2,492,470)
Hyundai (2,462,677)
Fiat (2,317,652)
Suzuki (2,297,277)
Daimler (2,044,533)
Mazda (1,396,412)
Kia (1,381,123)
BMW (1,366,838)
Mitsubishi Motors (1,313,409)
AvtoVAZ (765,627)
Subaru (587,274)
Tata Motors (561,081)

source:
[COLOR=#0000ff]http://oica.net/wp-content/uploads/2007/07/ranking06.pdf[/COLOR]


World's largest vehicle manufacturing groups (by volume)

The table below gives the world's largest twenty motor vehicle manufacturing groups, along with their marques, classified as divisions and subsidiary companies. The table is ranked by parent group production volumes, using the latest OICA data with the largest producer appearing at the top of the table.

1. Toyota Motor Corporation
2. General Motors Corporation
3. Ford Motor Company
4. Volkswagen AG
5. Honda Motor Company
6. PSA Peugeot CitroŽn
7. Nissan Motors
8. Chrysler LLC
9. Renault S.A.
10. Hyundai Motor Company
11. Fiat S.p.A.
12. Suzuki Motor Corporation
13. Daimler AG (Mercedes-AMG, Mercedes-Benz, Maybach)
14. Mazda Motor Corporation
15. Kia Motors
16. BMW AG
17. Mitsubishi Motors Corporation
18. AvtoVAZ (Lada, VAZ)
19. Fuji Heavy Industries (Subaru)
20. Tata Motors Limited

the NANO makes owning a car a reality for millions, literally...even at 1.3lacs...look at Maruti and the M800...Tata has the guts to take them on..and he has!...My sincere appreciation to Ratan and the entire TATA team...
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