Tata Motors Chairman Mr Ratan Tata said in an interview to a South Korean newspaper this week that the company was planning to produce a hybrid version of the Tata Nano. Mr Tata said that he expected low-priced cars to remain more popular than high-end vehicles in India, and that the trend would be followed worldwide. Meanwhile, Tata Motors posted a surprising Rs 22-crore net profit in the second quarter of FY 2009-10. Vice Chairman of Tata Motors, Mr Ravi Kant, said that the worst was over for the company.
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Tuesday, December 1, 2009
Tata Motors may introduce hybrid version of Nano; posts Rs 22-crore net profit
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