Indian Autos Thread
Re: Indian Autos Thread
Just read a report today speculating that the NANO would cost $8000 when launched in the US of A.
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Re: Indian Autos Thread
Cheap car from India could cost $8,000 in USSwamyG wrote:More "nano meets" onlee
Re: Indian Autos Thread
Nobody is going to buy it at 8K.Just read a report today speculating that the NANO would cost $8000 when launched in the US of A.
Probably a good 1/3rd of that are fees and commissions to various middle men.
They should sell it off a website to cut down on cost. If they lose sight of the car's biggest selling point (cost), it will be a total wash out.
The US media and auto unions will definately want to give it a hostile reception regardless of how good/low cost it is.
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Re: Indian Autos Thread
Price should be based on the value it creates to the segment the product is targeting.
From the looks, Nano is as sexy as the Smart, which is marketed by Mercedez and priced at ~$15K. Nano could be a non-electric version of Smart.
Further, the competitive landscape suggests that the least expensive alternative is no less than $12K (base price).
If we consider Nissan Versa, Chevy Aveo, Toyota Yaris, Kia Soul, Scion xB(?) etc, as legit competitors then 8K is a steal. I would even say Tata is leaving a lot of money on the table. This may be understandable as it is the first time it is introducing and will fine tune as it goes thru the learning curve.
I am also sure if Nano survives initial hiccups (of all manner) then it will create room for line extensions into more profitable segments.
From the looks, Nano is as sexy as the Smart, which is marketed by Mercedez and priced at ~$15K. Nano could be a non-electric version of Smart.
Further, the competitive landscape suggests that the least expensive alternative is no less than $12K (base price).
If we consider Nissan Versa, Chevy Aveo, Toyota Yaris, Kia Soul, Scion xB(?) etc, as legit competitors then 8K is a steal. I would even say Tata is leaving a lot of money on the table. This may be understandable as it is the first time it is introducing and will fine tune as it goes thru the learning curve.
I am also sure if Nano survives initial hiccups (of all manner) then it will create room for line extensions into more profitable segments.
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Re: Indian Autos Thread
If the Accent (verna in India) sells for $9,970 sticker, Nano Americana should sell for $4,000. That is simple scaling.If the $8,000 price tag holds true, it would cost far less than the $9,970 Hyundai Accent, currently the car with the lowest base sticker price in the U.S., according to the Edmunds.com automotive Web site. The price excludes shipping.
The said Accent is a 2 door hatch with the following specs:
Std Equipment is:Off-Road Capability
Min ground clearance: 145mm (5.7")
Powertrain
90 amp alternator
Fuel Tank Capacity: 11.9gal.
Recommended fuel : regular unleaded
Fuel Economy Highway: 36mpg
Emissions Type: ULEV II
5 speed manual transmission with overdrive
Front-wheel drive
Fuel Economy City: 27mpg
110hp 1.6L DOHC 16 valve I-4 engine with variable valve control
4.06 axle ratio
500 CCA 55 Ah battery with run down protection
Safety and Security
Front disc/rear drum brakes
Dual front impact airbags
Dual seat mounted side impact airbags
Manually adjustable front head restraints
3 manually adjustable rear head restraints
Manual door locks
Airbag occupancy sensor
Overhead airbags
Seats and Trim
Seating capacity of 5
Manual driver lumbar support
4-way passenger seat adjustment
60-40 folding rear bench seat
Cloth/vinyl seat upholstery
Driver armrest
Front bucket seats
6-way driver seat adjustment
Specs and Dimensions
Bore x stroke : 76.5mm x 87.0mm ( 3.01" x 3.43")
Engine torque: 106 lb.-ft. @ 4,500RPM
Engine horsepower: 110hp @ 6,000RPM
Cylinders: I-4
Engine displacement: 1.6L
Compression ratio: 10.00:1
5 speed transmission
Gear ratios (1st): 3.62
Gear ratios (2nd): 1.95
Gear ratios (3rd): 1.29
Gear ratios (4th): .89
Gear ratios (5th): .73
Gear ratios (reverse): 3.58
Curb weight: 1,119kg (2,467lbs)
GVWR: 3,638lbs.
Exterior length: 4,046mm (159.3")
Exterior body width: 1,694mm (66.7")
Exterior height: 1,471mm (57.9")
Wheelbase: 2,499mm (98.4")
Front tread: 57.9"
Rear tread: 57.5"
Turning radius: 5.0m (16.5')
Front legroom: 1,087mm (42.8")
Rear legroom: 871mm (34.3")
Front headroom: 1,006mm (39.6")
Rear headroom: 960mm (37.8")
Front hiproom: 1,275mm (50.2")
Rear hiproom: 1,240mm (48.8")
Front shoulder room: 1,359mm (53.5")
Rear shoulder room: 1,349mm (53.1")
Passenger volume: 2,611 L (92.2 cu.ft.)
Interior cargo volume: 450L (15.9 cu.ft.)
Interior maximum cargo volume: 450L (15.9 cu.ft.)
Body Exterior
2 doors
Driver and passenger manual remote door mirrors
Black door mirrors
Body-colored bumpers
Clearcoat paint
Rear lip spoiler
Convenience
Manual front windows
Driver and passenger door bins
Full floor console
Manual door locks
Day-night rearview mirror
Front cupholders
Entertainment Features
4 speakers
Integrated roof antenna
Lighting, Visibility and Instrumentation
Halogen aero-composite headlights
Low tire pressure warning
Trip odometer
Tachometer
Auto off headlights
Variable intermittent front windshield wipers
Rear window defroster
Off-Road Capability
Min ground clearance: 145mm (5.7")
Powertrain
90 amp alternator
Fuel Tank Capacity: 11.9gal.
Recommended fuel : regular unleaded
Fuel Economy Highway: 36mpg
Emissions Type: ULEV II
5 speed manual transmission with overdrive
Front-wheel drive
Fuel Economy City: 27mpg
110hp 1.6L DOHC 16 valve I-4 engine with variable valve control
4.06 axle ratio
500 CCA 55 Ah battery with run down protection
Safety and Security
Front disc/rear drum brakes
Dual front impact airbags
Dual seat mounted side impact airbags
Manually adjustable front head restraints
3 manually adjustable rear head restraints
Manual door locks
Airbag occupancy sensor
Overhead airbags
Seats and Trim
Seating capacity of 5
Manual driver lumbar support
4-way passenger seat adjustment
60-40 folding rear bench seat
Cloth/vinyl seat upholstery
Driver armrest
Front bucket seats
6-way driver seat adjustment
Specs and Dimensions
Bore x stroke : 76.5mm x 87.0mm ( 3.01" x 3.43")
Engine torque: 106 lb.-ft. @ 4,500RPM
Engine horsepower: 110hp @ 6,000RPM
Cylinders: I-4
Engine displacement: 1.6L
Compression ratio: 10.00:1
5 speed transmission
Gear ratios (1st): 3.62
Gear ratios (2nd): 1.95
Gear ratios (3rd): 1.29
Gear ratios (4th): .89
Gear ratios (5th): .73
Gear ratios (reverse): 3.58
Curb weight: 1,119kg (2,467lbs)
GVWR: 3,638lbs.
Exterior length: 4,046mm (159.3")
Exterior body width: 1,694mm (66.7")
Exterior height: 1,471mm (57.9")
Wheelbase: 2,499mm (98.4")
Front tread: 57.9"
Rear tread: 57.5"
Turning radius: 5.0m (16.5')
Front legroom: 1,087mm (42.8")
Rear legroom: 871mm (34.3")
Front headroom: 1,006mm (39.6")
Rear headroom: 960mm (37.8")
Front hiproom: 1,275mm (50.2")
Rear hiproom: 1,240mm (48.8")
Front shoulder room: 1,359mm (53.5")
Rear shoulder room: 1,349mm (53.1")
Passenger volume: 2,611 L (92.2 cu.ft.)
Interior cargo volume: 450L (15.9 cu.ft.)
Interior maximum cargo volume: 450L (15.9 cu.ft.)
Suspension/Handling
Front independent strut suspension with anti-roll bar, gas-pressurized shocks
P175/70TR14 BSW AS front and rear tires
Front and rear 14" x 5" steel wheels with full wheel covers
Rear semi-independent torsion beam suspension with gas-pressurized shocks
Speed-sensing hydraulic power-assisted rack-pinion steering
Re: Indian Autos Thread
could not help noticing "off-road capabilities" listed in Accent spec - what exactly is it - is that just a GC spec?
Re: Indian Autos Thread
Scoop – Next gen Renault Clio to be made in India; to share platform with Micra
If reports circulated by Autocar are anything to go by, then the next generation Renault Clio will be built in India, alongside the 3 other cars based on the same platform. Yip, you heard it right, the next gen Clio will be based on the V-platform that also spawns the Micra, its sedan variant and a mini-MPV, most likely something similar to the Note.
Re: Indian Autos Thread
Guys, was in Chevrolet showroom yesterday to check out the all new BEAT.
Must say very impressed with the car and looks even good live. My Dad was initially sceptical about beat based on our online research. As we went through hyundai, maruthi and then to chevy, we had a look at i10, ritz and then Beat was the last one. After test driving it, boy the car is good. Looks really meaner and very sporty when looked live. Really liked the steering wheel in particular.
Finally decided to book beat this weekend. I was also told the initial extremely lower price is only an introductory offer itseems. I was told there will be revision of the price come March to the tune of 40k.
Ppl planning for small hatchbacks, go for BEAT. At that price it is really worth it.
Must say very impressed with the car and looks even good live. My Dad was initially sceptical about beat based on our online research. As we went through hyundai, maruthi and then to chevy, we had a look at i10, ritz and then Beat was the last one. After test driving it, boy the car is good. Looks really meaner and very sporty when looked live. Really liked the steering wheel in particular.
Finally decided to book beat this weekend. I was also told the initial extremely lower price is only an introductory offer itseems. I was told there will be revision of the price come March to the tune of 40k.
Ppl planning for small hatchbacks, go for BEAT. At that price it is really worth it.
Re: Indian Autos Thread
saw a nano and old zen close together. the nano roof is a FOOT higher than zen roof. the build quality looks quite good and no wavy patterns on body panels.
onlee thing is due to short wheelbase on less than perfect indic roads the ride will be nervous and choppy.
onlee thing is due to short wheelbase on less than perfect indic roads the ride will be nervous and choppy.
Re: Indian Autos Thread
http://www.wheelsunplugged.com/ViewNews ... ewsid=5450Nissan to begin first made-in-India car production by May 2010
Nissan Motor Company, which had earlier announced its plans to shift production of its Micra cars for the European market from the U.K. to Chennai plans production of its first made-in-India compact car by May.According to PTI, the Japanese auto giant, which also aims to use India as an export hub for Africa and the Middle East, has recently indicated that its Chennai plant would become operational by May 2010 and it will be the sourcing hub for the global compact car for Europe. In India, Nissan plans to add 55 dealerships, some of which would be owners of multiple outlets by 2012:
Re: Indian Autos Thread
Talking about the Tata Aria, the car has got some really nice feel to it which older Tata cars, or for that matter any Desi car lacked till now. Land Rover buyout is being put to some good use by Tata. Interiors are top notch and definitely not < 10 lac car. Also for the reason because Tata is about to launch new Safari by this year. IMO Tata won't launch Aria in same price-category as Safari.
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http://msjawahar.files.wordpress.com/20 ... xpo006.jpg
Re: Indian Autos Thread
Is there an example of a car in the Indian market that dropped significantly in price when its production was shifted from abroad to India? This should have avoided the import duties, which are 40% or so of the car's price. So is there any car that suddenly became 40% cheaper because its production base was moved to India?
Re: Indian Autos Thread
It won't work in such a simple manner because domestic manufacturing means setting up facilities here, whose costs are deferred over the years into the prices of the locally manufactured cars.
Re: Indian Autos Thread
I really don't expect the Nano to do well in massaland. For one thing I guarantee that it won't find a single male buyer. Big cars are a status symbol and nearly everybody can afford a Honda civic, Ford Focus, or Chevrolet Aveo here. Its a very different car market. The cars I mentioned earlier are the "Low" end . hatchbacks are nearly absent. Only girls like small cars in the US. A guy driving a nano in US would be teased by just about everyone (would surely be called gay...no offence meant). TATA would do better to take the nano to Europe where people like small cars.Neshant wrote:Nobody is going to buy it at 8K.Just read a report today speculating that the NANO would cost $8000 when launched in the US of A.
Probably a good 1/3rd of that are fees and commissions to various middle men.
They should sell it off a website to cut down on cost. If they lose sight of the car's biggest selling point (cost), it will be a total wash out.
The US media and auto unions will definately want to give it a hostile reception regardless of how good/low cost it is.
Rising oil prices were beginning to change the market I guess but the prices fell during the recession and the americans seem to have gone back to their old ways.
Re: Indian Autos Thread
Small cars are not popular in the US because they cost as much as big cars. The big name car companies have been gouging consumers to the max and are scared stiff of low cost competition.
What's needed is a small economical car that costs under 5K.
Imagine how much money a car rental company could save in creating a fleet of 20 nano cars vs a fleet of 20 over-priced <insert name> cars.
Nobody is going to buy an 8K Nano with multiple layers of middlemen thrown in. A 5K nano would be a hit.
What's needed is a small economical car that costs under 5K.
Imagine how much money a car rental company could save in creating a fleet of 20 nano cars vs a fleet of 20 over-priced <insert name> cars.
Nobody is going to buy an 8K Nano with multiple layers of middlemen thrown in. A 5K nano would be a hit.
Re: Indian Autos Thread
Even so, the price should come down significantly over some period of time. That would be an indication that the import duty policy that keeps cars in India so expensive is having its intended effect. There should be some empirical evidence by this point that the policy is working.Suraj wrote:It won't work in such a simple manner because domestic manufacturing means setting up facilities here, whose costs are deferred over the years into the prices of the locally manufactured cars.
For example, Hyundai cars are probably significantly more localized than, say, Toyota cars. Are Hyundai cars of the same size and specs much cheaper than Toyotas? I think the Sonata is about the same price as other cars in its size class.
Re: Indian Autos Thread
It is still hard to make such a comparison. Usually a plant takes time to set up. Tooling tends to be imported, as does a lot of componentry, with indigenization progressively increasing. During this time, the model itself tends to evolve unlike the old days when they refreshed the Amby once a decade. As a result the CBU imported version and the final domestically manufactured one may be so different that it doesn't make sense to make such a price comparison.
That's not to say local manufacturing isn't a good thing. It undoubtedly is, but the cost benefit will take a while to achieve, and a simple example of price cut = CBU customs duty amount will probably never be possible.
That's not to say local manufacturing isn't a good thing. It undoubtedly is, but the cost benefit will take a while to achieve, and a simple example of price cut = CBU customs duty amount will probably never be possible.
Re: Indian Autos Thread
The comparison shouldn't be between the CBU 2001 version (say) of a particular model and the 2009 localized version of the same model. It should be between same model year cars from different manufacturers, which are at similar price points in international markets, but one of which is localized and one of which is imported in India. Is the localized version significantly cheaper than the imported version? At that point, it should be an apples to apples comparison.
Anyway, I did a quick test - comparing the Hyundai Sonata and the Honda Accord. I think Hyundai probably has one of the highest levels of localization of any foreign manufacturer. Both cars are sold internationally and are in the same size class (midsize in the US).
2010 Hyundai Sonata in the US: around $22.5K - http://autos.yahoo.com/2010_hyundai_sonata/
2010 Honda Accord in the US: around $26K - http://autos.yahoo.com/2010_honda_accord_sedan/
The Sonata is about $3.5K (Rs. 1.75L) cheaper in the US
Hyundai Sonata in India: around Rs. 15L
Honda Accord in India: around Rs. 19L
The Sonata is about Rs. 4L cheaper in India
http://www.cardekho.com/search/AllBrand ... e-Low-High
Yay, victory for localization, perhaps. But the Sonata is still priced at over $30K in India, far more than its US price. That might be a function of low volumes, or a lot of components that are still being imported.
I look forward to the day when you can buy a car of Corolla or Civic quality at Rs. 8L rather than Rs. 13-14 L. Right now, even the City is more expensive than that.
Anyway, I did a quick test - comparing the Hyundai Sonata and the Honda Accord. I think Hyundai probably has one of the highest levels of localization of any foreign manufacturer. Both cars are sold internationally and are in the same size class (midsize in the US).
2010 Hyundai Sonata in the US: around $22.5K - http://autos.yahoo.com/2010_hyundai_sonata/
2010 Honda Accord in the US: around $26K - http://autos.yahoo.com/2010_honda_accord_sedan/
The Sonata is about $3.5K (Rs. 1.75L) cheaper in the US
Hyundai Sonata in India: around Rs. 15L
Honda Accord in India: around Rs. 19L
The Sonata is about Rs. 4L cheaper in India
http://www.cardekho.com/search/AllBrand ... e-Low-High
Yay, victory for localization, perhaps. But the Sonata is still priced at over $30K in India, far more than its US price. That might be a function of low volumes, or a lot of components that are still being imported.
I look forward to the day when you can buy a car of Corolla or Civic quality at Rs. 8L rather than Rs. 13-14 L. Right now, even the City is more expensive than that.
Re: Indian Autos Thread
A large part of the difference is because of more taxes levied upon cars in India than in the US. If the GOI and the state governments reduced taxes, the costs may come down to US levels or slightly more. Then the demand would increase (making sure that the loss of revenue for govt. is only temporary) and the costs would reduce further since the companies would find it lucrative to manufacture all components of the car here itself. The cheap labour available in India would help in this case and reduce the cost even further IMO.
Of course this is never going to happen since any proposal for reducing taxes considerably on cars would never go through in India.
Of course this is never going to happen since any proposal for reducing taxes considerably on cars would never go through in India.
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Re: Indian Autos Thread
So, Nissan Micra will be produced in THAILAND for export all over Asia, while Micra made in India will be exported to MidEast, Africa, and Europe?
BTW French unions will fight hard to prevent Renault Clio from being made in India and exported to Europe. Don't expect that to happen anytime soon.
As for GM India, it is owned by Chinese now, and as a result we should all be praying for their utter failure and destruction in India.
GM is an idiot company. They claim to sell 1 million plus cars in China, but what they conveniently forget is that 70 percent of that is product made with their 'joint venture partner SAIC'.
In Chinese language, joint venture 'partner' means.... I steal all your designs and run you out of bizness in a few years.
General Motors is now a Chinese company. They are the enemy now and should be viewed that way.
BTW French unions will fight hard to prevent Renault Clio from being made in India and exported to Europe. Don't expect that to happen anytime soon.
As for GM India, it is owned by Chinese now, and as a result we should all be praying for their utter failure and destruction in India.
GM is an idiot company. They claim to sell 1 million plus cars in China, but what they conveniently forget is that 70 percent of that is product made with their 'joint venture partner SAIC'.
In Chinese language, joint venture 'partner' means.... I steal all your designs and run you out of bizness in a few years.
General Motors is now a Chinese company. They are the enemy now and should be viewed that way.
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Re: Indian Autos Thread
hardly anything for a company that large.Nissan to source components worth $40 mn from India by 2012
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Re: Indian Autos Thread
JET ENGINE TECH FOR ELECTRIC CARS
http://www.pistonheads.com/news/default ... ryId=21417
Note: Indian government should invest on Electric cars based research. Possibly even the electric cum petrol - hybrid cars.
http://www.pistonheads.com/news/default ... ryId=21417
A consortium of three companies including Jaguar Land Rover has won a �15m award from the government's Technology Strategy Board to help it develop a gas-turbine 'range extender' for electric cars.
Note: Indian government should invest on Electric cars based research. Possibly even the electric cum petrol - hybrid cars.
Re: Indian Autos Thread
pandyan wrote:I wonder if Hyundai Genesis
i note they do not stick the Hyundai logo on the front of the car perhaps because the Hyundai logo implies its 'cheap' and therefore likely to put off luxury car buyers.
Re: Indian Autos Thread
Err
you mean exactly the way LExus, Infiniti, Acura do it???
you mean exactly the way LExus, Infiniti, Acura do it???
Re: Indian Autos Thread
Not quite. I think Neshant is right in noting that. Infiniti, Lexus and Acura are different brands/badges which have an independent identity and logo as compared to their parents.Surya wrote:Err
you mean exactly the way LExus, Infiniti, Acura do it???
The Genesis is still a Hyundai. They have avoided sticking their stylised H upfront, thats all. Here's some background on that decision.
The rear still has the Hyundai badge.After gauging public reaction, Hyundai has decided not to slap on the automaker's swoopy "H" logo onto the Genesis sedan's front grille.
Re: Indian Autos Thread
To bring this back to Indian cars...any indications of when the luxury lines of Japanese carmakers - Acura, Lexus or Infiniti - will show up in the Indian market? BMW and Mercedes seem to be doing quite well in India, thanks - plus Honda and Toyota now have several years of operating experience in the Indian market. It would seem to make sense for them to bring in models from their luxury lineup that would compete directly with the BMW 3-series or Mercedes C-class. I haven't read any news about this happening.
Re: Indian Autos Thread
manish
Its a part step.
In other words I am sure there were interesting internal discussions whether to badge it differently and the costs and headaches on that or do this which is a little step in that direction but does not have to spend as much.
Also for all the badging of Lexus , Acura etc we all know who it belongs to. Hence with Toyota getting a hammering Lexus will too.
Long ago in my studies we had a major branding exercise involving the Infiniti so I can see the arguments.
I agree with Hyundai - no point in all the extra logistics for a seperate badge in the present market. And Hyundai has come a long way and people realise it.
Its a part step.
In other words I am sure there were interesting internal discussions whether to badge it differently and the costs and headaches on that or do this which is a little step in that direction but does not have to spend as much.
Also for all the badging of Lexus , Acura etc we all know who it belongs to. Hence with Toyota getting a hammering Lexus will too.
Long ago in my studies we had a major branding exercise involving the Infiniti so I can see the arguments.
I agree with Hyundai - no point in all the extra logistics for a seperate badge in the present market. And Hyundai has come a long way and people realise it.
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Re: Indian Autos Thread
Hyundai Genesis : The poor man's S Class
Re: Indian Autos Thread
Tata Motors testing hydrogen-powered commercial vehicles
There was also news about Tata and ISRO joining expertise to develop hydrogen fueled vehicles,wonder what happened to it?Tata Motors European Technical Centre plc (TMETC), a 100 per cent subsidiary of Tata Motors, has developed a range of hydrogen fuel cell-powered commercial vehicles and is currently undertaking trial runs of these buses and light trucks.
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Re: Indian Autos Thread
Yup Surya, no arguments on the strong ties that Lexus/Acura/Infiniti share with their respective parents. My point was that Hyundai's Genesis positioning was still a bit different as compared to them.Surya wrote:manish
Its a part step.
In other words I am sure there were interesting internal discussions whether to badge it differently and the costs and headaches on that or do this which is a little step in that direction but does not have to spend as much.
Also for all the badging of Lexus , Acura etc we all know who it belongs to. Hence with Toyota getting a hammering Lexus will too.
Long ago in my studies we had a major branding exercise involving the Infiniti so I can see the arguments.
I agree with Hyundai - no point in all the extra logistics for a seperate badge in the present market. And Hyundai has come a long way and people realise it.
As an aside, I am interested in seeing where Hyundai goes from here. Will they go down the 'Lexus route' with a new brand (Genesis anyone?) or 'push' the Hyundai brand itself as a more premium one? They anyway already have Kia as the lower-end brand within the Hyundai empire, don't they? Hyundai's own star is rising pretty fast, and launches like the Genesis sedan/coupe, the 2011 Sonata and the new Tucson will only hasten the process. It will surely make for an interesting case study.
Any thoughts on this?
Re: Indian Autos Thread
Tata Motors Names Carl-Peter Forster Group CEO
The appointment should be seen in the backdrop of recent statements coming out of Bombay House saying that Ratan Tata's successor need not necessarily come from within the Tata Group or from India - the head of Tata Motors would be a very strong candidate for any succession plans in place at the Group level. Ravi Kant and R K Krishna Kumar have often been tipped as favourites, but age is a factor that both have going against them.
Carl-Peter Forster's move to Tata is not a surprise for those who have been following news from the auto industry - he has been linked with the Tatas from the day he stepped down from his GM job following the Opel-Magna mess. But what is surprising is the role that he has been given. Everybody expected him to be the head of JLR and/or TM Europe - not TM Group CEO.MUMBAI -- Tata Motors Ltd. Monday said it has appointed Carl-Peter Forster as group chief executive of the company.
Apart from looking at Tata Motor's India operations -- local and exports -- Mr. Forster will also be responsible for its companies overseas including U.K.-based premium brands Jaguar and Land Rover, the country's largest auto maker by sales said in a statement.
The appointment should be seen in the backdrop of recent statements coming out of Bombay House saying that Ratan Tata's successor need not necessarily come from within the Tata Group or from India - the head of Tata Motors would be a very strong candidate for any succession plans in place at the Group level. Ravi Kant and R K Krishna Kumar have often been tipped as favourites, but age is a factor that both have going against them.
Re: Indian Autos Thread
It does not happen that way. This is only for Tata Motors.manish wrote:
The appointment should be seen in the backdrop of recent statements coming out of Bombay House saying that Ratan Tata's successor need not necessarily come from within the Tata Group or from India - the head of Tata Motors would be a very strong candidate for any succession plans in place at the Group level. Ravi Kant and R K Krishna Kumar have often been tipped as favourites, but age is a factor that both have going against them.
Tata Sons holding is the key. That person will be the successor to Ratan.
Re: Indian Autos Thread
Acharya avare, I am not implying that it will happen this way. Just saying that he would be a natural candidate as head of TM, especially given the earlier public announcements regarding potential foreign candidacies for Ratan N Tata's job.Acharya wrote:It does not happen that way. This is only for Tata Motors.manish wrote:
The appointment should be seen in the backdrop of recent statements coming out of Bombay House saying that Ratan Tata's successor need not necessarily come from within the Tata Group or from India - the head of Tata Motors would be a very strong candidate for any succession plans in place at the Group level. Ravi Kant and R K Krishna Kumar have often been tipped as favourites, but age is a factor that both have going against them.
Tata Sons holding is the key. That person will be the successor to Ratan.
Looking at Tata Sons' holding structure would place Noel Tata or Cyrus Mistry as contenders. But I have read somewhere that Ratan Tata also controls a very significant stake in Tata Sons as he also heads the Tata family charitable trust with a large stake in Tata Sons.
Anyways, the topic is way OT here, guess it should go elsewhere.
Re: Indian Autos Thread
It also depends on pallonji mistry.What his views are on new CEO.Since he is single largest share holder of tata sons & TG.
Re: Indian Autos Thread
The Tata's have never liked Pallonji.He lost their trust when some years back in the midst of the group restructuring he had tried to surrouptiously increase his stake in Tata Sons.If anything Ratan Tata would go out of his way to make sure that Pallonji's choice one way or the other is ignored.
Re: Indian Autos Thread
Pallonji took up Irish citizenship. Why would someone as old as him do that?