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 Thursday, March 25, 2004
MG Rover sells 3,000 Indica cars in UK
NEW DELHI : Britain 's MG Rover Group has sold 3,000 Tata Indica cars in UK since its launch four months ago, a company official said on Tuesday.

MG Rover signed an agreement in December 2002 with Tata Motors to buy 100,000 units of its Indica hatchback car over five years for sale in Europe .

Michael J. Booth, Rover's head for products development, told that the Indica, which sells as the CityRover in UK , had received good reviews since its launch and its sales would accelerate this year.

"The Super-mini market is a fast-growing segment and we have registered 3,000 (CityRovers) in the last three months," Booth announced a technology tie-up with Sonalika group.

The CityRover will also be introduced in Europe in the next few weeks in six countries -- Italy , Spain , Portugal , Germany , France and Belgium -- after Tata Motors begins making a left-hand drive version of the vehicle, he said. Rover is using the Indica to target Europe 's city car segment, which it estimated at about 1.5 million units a year.

Tata Motors, the flagship of the powerful Tata group, is the country’s third-largest carmaker and plans to boost the contribution of foreign sales to 15-20 per cent in the next three year from about six per cent now.

The Indica, launched at the end of 1998, was the first Indian car to be developed locally.
  Source : Economic Times   (3/23/2004)
 
Other Stories of Thursday, March 25, 2004
Rover City to source spares from Tata Motors
`Indica' sales in UK positive
Now, Ford's Focus on Indian roads
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