Will 'GenX' tag help Tata Motors revive Nano's fortunes?Pune: To revive the fortunes of what Ratan Tata called 'People's Car', Tata Motors is all set to unveil its new avatar, GenX Nano, positioning it as an aspirational vehicle.In a bid to lure first
Pune: To revive the fortunes of what Ratan Tata called 'People's Car', Tata Motors is all set to unveil its new avatar, GenX Nano, positioning it as an aspirational vehicle.
In a bid to lure first time buyers and bury the 'cheapest car' tag that has been associated with the Nano, which drew the world's attention when launched in 2009, the company is making a "critical intervention" offering, with a host of new features.
It will have automatic manual transmission, openable boot and bluetooth phone sync audio system, among other features.
The GenX Nano is expected to hit the markets in 6-7 weeks time, following which the existing range of Nano will be phased out except for the CNG version.
Putting to rest theories about the company killing the brand, Tata Motors Senior Vice President (Programme, Planning & Project Management, Passenger Vehicles) Girish Wagh told PTI that the Nano "is an extremely critical product" for Tata Motors.
"Never did we have discussion about killing the brand... Our discussion has been how to re-energise the brand. We see there is a tremendous emotional connect with the brand and at the same time emotional hurdles too.
"What we are trying to do is to address at the emotional level through brand building and at the product level by making it a complete hatch," he said.
Admitting the company's mistake of Nano not addressing the "societal status" need of a two-wheeler rider while upgrading to a car, he said Tata Motors was correcting that.
The company is doing so by offering all the functional needs like power steering, openable boot, automatic transmission for city driving and also providing a bigger fuel tank of 24 litres as compared to just 15 looters in the previous version.
"We had to add these features so as to make it a smart city car. It is a very very critical intervention for the Nano... We have made significant changes and improvement in the perceived quality of the car," said Wagh, the engineer who led the development of Nano.