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Tata Motors President resigns to pursue other interests

Tata Motors announced today that its President of the Passenger Car Business Unit, Rajiv Dube, has resigned from the company “to pursue other interests outside the Tata Group.”

“Mr. Dube has played an instrumental role in the growth of the company’s passenger car business, since the formation of the division in 1998,” Tata said in a statement, “Tata Motors acknowledges his contribution to the company, and wishes him all success in his future career.”

Dube joined Tata Group in 1983 and began his career in Tata Motors in 1998, when the passenger car division was formed.

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Tata Nano becoming a status symbol in India

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Around ten months after the Tata Nano’s launch, Tata has booked 206,703 sales and has delivered some 17,000 units. According to some research done by Christian Science Motor, some 70 percent of bookings came from nonmetro areas.
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Tata Motors returns to profitability

Tata Motors was the unlikely high bidder in the risky acquisition of Jaguar and Land Rover, which many critics said would never work. For the first few quarters following the transaction, that appeared to be true – until now.
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Could the Tata Nano come to the U.S. through Fiat/Chrysler partnership

So it’s no secret that Tata Motors wants to sell its $1,983 Tata Nano in the United States. CEO Ratan Tata told us that the Nano has to meet “rear-crash tests” in the U.S. for which ”redesigning is necessary, and will take 3 years.” It was even reported last week that the U.S. could get the Nano by 2011.

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So how will the Nano come to the U.S. when Tata Motors has no presence in the U.S. whatsoever? According the New York Times, the new Fiat/Chrysler alliance could be the answer for Ratan Tata and his goal to sell the Nano in the United States.

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Tata Nano’s flying out the door

More than 203,000 orders have been received for the Tato Nana in India. More than double the number of cars that will be made in the initial production run have been pre-ordered.

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Now the recipients of the ultra-cheap 100,000 Nanos will be decided by a lottery. The value of the orders is 25 billion rupees (approx. NZ$873,264,202).

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