After opening its first assembly plant in India last year and laying the foundations for a new manufacturing facility in China in partnership with Chery Automobile, the Jaguar Land Rover group is now eyeing a new factory in Saudi Arabia.
The British carmaker signed a letter of intent with Saudi Arabia's government and the National Industrial Clusters Development Program (NICDP), and will begin a detailed feasibility study immediately to determine the viability of setting up an automotive facility in the country.
Tata, the Indian maker of the Nano, made its way to Geneva with a new concept city car called the Pixel. At just over three meters in lengths, Tata claims the Pixel is "the most package efficient four-seater in the world," being able to "comfortably accommodate four adults".
In an effort to boost sales of its US$2,900 Nano micro car, India's Tata extended the warranty and offered easier financing in December, while it also launched a new advertising campaign that included a TV spot.
It turns out that this was a smart move, as sales of the Nano spiked reaching 5,784 units, which represents a 1,136% increase over the 509 units the company shifted a month earlier. This is still below the 9,000 monthly sales record achieved in July, but it seems that the Nano is back with a vengeance for 2011.
Sometimes being cheap and cheerful just isn’t enough. Production delays, land debates and questions over occupant safety are killing the Tata Nano faster than an unexplained engine fire. India’s people car is struggling in spite of the nation’s booming car market and a low asking price of just US$2,900, half of what its nearest rival costs.
With economic growth at a staggering 9% per annum and a 22% year-to-date increase in car sales, Tata must have felt it was onto a sure thing. Things started out good, with 200,000 advanced orders for the sub-subcompact before its 2009 launch.
However, sales have been flagging these past four months with the Indian carmaker selling just 509 Nano’s in November, down from 9,000 in July.
At this week's 2010 Milan Motorcycle Show (EICMA), Piaggio presented the NT3 Concept, a three-seater four-wheel mini that could become the TATA Nano's biggest competitor in emerging markets like India or Vietnam.
Despite its small size (it only measures 2.4 meters in length), the NT3 is a highly versatile vehicle, with multiple cabin configurations, also made possible by the center driving position. It uses a spaceframe architecture with crashbox, meaning that it's safer than it looks. Power comes from internal combustion engines or a hybrid powertrain.
