Tata Motors Passenger Vehicles Ltd.

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Large Cap | Automobiles - Passenger Cars
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Tata Motors expects robust demand for LCVs

Date: 25-11-2010
Tata Motors is expecting over 50 per cent jump in the sale of its Ace family light commercial vehicles (LCV) in the current fiscal, on account of robust demand. This translates into upto 2.5 lakh units for sale. Last year, it sold about 1.6 lakh units of Ace. The Ace family comprises light commercial vehicles Magic, Winger and Ace. These are manufactured at the Panth Nagar facility. Tata Motors will launch two light commercial vehicles -- Venture and Iris -- early next year. The company has launched a new variant of its Winger, priced between Rs 6.98 lakh -- Rs 7.35 lakh (ex—showroom Delhi)