Title: Tata needs to sell 30,000 Nanos a month
Short description: A Mint poll of six analysts yielded a median figure of 32,500 units a month, or 390,000 cars a year—some 56%more than the firm's start-up capacity of making the small car.
Long description: The car's trial production at the Singur plant could begin this month or in early August
A big jump in raw material prices since development on the vehicle first began in 2003 and company's decision to hold on to the Rs1 lakh price at the factory gate are huge factors in fixing profitability, they said. All said that the car was unlikely to contribute to the company's fiscal 2009 results, typical when new models are introduced by a car maker. “The break-even depends on the realization and product mix,” said Vaishali Jajoo, analyst with Angel Broking Ltd, Mumbai.
Link URL: http://globalshop1.com/tata/D1.html
[Report bad link?]
Category: Specialty Travel
Link keywords: tata nano car,nano car,car,nano,car nano,tata car,tata,
Free web directory »
Recreation »
Travel »
Specialty Travel »
Link details 'Tata needs to sell 30,000 Nanos a month'
