Tata's new cars not for taxi market

Tata Motors has revealed that its future passenger cars will not be registered as taxis. Out of the total number of Indica hatchbacks and Indigo sedans that the company has sold, 30-35% have been registered as taxis.

Tata Motors is aiming to be one of the top three passenger car brands and the company plans to launch 2 new products every year till 2020. All the vehicles would be developed by teams in India, UK and Italy and would be global products. However, for now, the company plans to focus mainly on the domestic market.

While it has not disclosed any information on its upcoming products or which segments it plans to target, Tata Motors has revealed that it is planning to be present in every segment.

At present, the company has a dealership network of 460 outlets across the country. Over the next 3-5 years, it plans to have three times the number.  Tata's recent products have been well-received in the market. The company claims that it has received 50,000 enquiries, 10,000 test drive requests and 1,500 bookings for the Bolt hatchback, which was launched earlier this month.

Source: Business Standard