Tata Motors receives over 83,000 bookings for the Tata Tiago
Posted on: Mar 30, 2017 - 1:06pm IST
More than 50,000 units ply on Indian roads today.
On the sidelines of the Tata Tigor’s launch yesterday, President of Tata Motors – Passenger vehicle division, Mayank Pareek, has announced that Tata has received over 83,000 bookings for the Tiago hatchback since its launch nearly a year ago.
This is a big achievement for Tata Motors, given the fact that the Tiago’s older siblings haven’t necessarily set the cash register ringing. More than 50,000 units ply on Indian roads today, which has helped along Tata Motors’ passenger car market share to 6.41 percent (111,500 units) from 5.44 percent (91,648 units) in the April 2016 – January 2017 period.
Of the total number of Tiago’s sold in India, 80 percent is constituted by the petrol variant highlighting the shift in demand to petrol power in the compact segment. Tata has also divulged that 70 percent of the Tiago’s overall bookings are for the top two XT and XZ variants, which ranges between INR 4.42 Lakhs – 5.78 Lakhs (Ex-showroom Delhi).
The Tiago is sold in both petrol and diesel variants. The former packs the 1.2-litre Revotron three-cylinder petrol engine producing 85 PS at 6,000 rpm and 114 Nm of torque at 3,500 rpm, while the latter has a 1.05-litre Revotorq three-cylinder diesel engine that develops 70 PS at 4,000 rpm and 140 Nm of torque at 1,800-3,000 rpm. Other than a 5-speed manual gearbox, the petrol variant can be had with a 5-speed AMT.