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25 Jan 2009

Auto Stock New Innovative Scheme to Give Push to its Stock Price

1. Tata Motors can be kept under the watch as its awaited Tata Nano will be available in the market by February 2009 end and definitely it is a big boost to its image considering the Singur episode.

Another development is used car business which can have a bearing on the company is its launch of pre-owned car programme called ''Tata Motors Assured' and this project has been launched as a pilot basis through 15 dealers in 10 major cities namely Mumbai, Delhi, Bangalore, Hyderabad, Chennai, Pune, Ahmedabad, Chandigarh, Ludhiana and Vapi. If Tata finds the venture profitable the project will spread its wings across the all Tata Motors dealer network in a phased manner.

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