Tata Motors rolls out new Indica variant

The country's second largest passenger car company, Tata Motors, .unveiled the new Indica V2 Turbo with a price tag (ex-showroom, Delhi) of Rs 4.10 lakh for the DLG variant and Rs 4.31 lakh for DLX. The latest launch takes the number of diesel variants of the Indica to 7.

Senior vice president (passenger cars) Rajiv Dube said the latest launch makes the Indica the most comprehensive hatchback model in the country, with the largest number of variants.

Asked whether Tata Motors was planning to raise the prices of its cars in view of the rising cost of inputs "" Maruti and Hyundai have already announced increases "" Dube said: "We will take a call at the appropriate time."

On stagnant sales of its entry level midsize sedan Indigo, he said the Tata Motors had managed to maintain its market share in the entry level mid-size sedan market.

While the average monthly sales of the Indigo in the previous fiscal was 3200 units, average monthly sales of this sedan, with an exception of September 2005, has remained below the previous year's average.

The company had managed to sell 3,354 units of the Indigo in September 2005, which includes the sales of the station wagon Indigo Marina.

With the recent launch of the Indigo SX, the company hopes to recover lost ground during the rest of this fiscal. "(This segment) can only look up in the foreseeable future," Dube said.

He also said sales of Safari Dicor, which was launched in the first week of August this year, has far exceeded the expectations.