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Tata Motors to Launch 6 New SUVs by 2017

Tata Motors to Launch 6 New SUVs by 2017

Snapshot: Out of the planned 6 SUVs, the first one to hit the roads would be chairman Cyrus Mistry's own baby, the Hexa premium SUV

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Tata Motors, the home-grown autmajor, would launch at least 6 SUVs in the coming three-four years. It includes a compact SUV based on the Nexon concept, Hexa premium SUV and Raptor SUV. In addition, the company would wheel out two new vehicles in collaboration with Jaguar Land Rover, which are codenamed Q501 and Q502. There are two more SUVs in pipeline - a 7-seater version on the X1 platform, called X107 and a 9-seater on the X6 platform, codenamed X602.

Tata Motors introduced the first India-made SUV in the country in form of Tata Safari. It was targeted towards the urban buyers and it created a new segment of affordable urban SUV, which was later on joined by the Mahindra Scorpio. Then, the company went a step further and introduced yet another SUV in form of Sumo, but it was for tapping the rural buyers. Both these SUVs did extremely well in the Indian market and Tata's market share reached 25 percent in the utility vehicle segment around 7-8 years. But, gradually, both the Tata Safari and Tata Sumo lost the ground to Mahindra Scorpio and Mahindra Bolero, respectively. It resulted in Tata's market share coming down to a petty 5 percent in FY 15, while the utility-vehicle (UV) market has more than doubled since FY 07.

People close to the the development of Tata Nexon compact SUV reveal that it would be a mini Evoque in terms of exterior appearance. This 5-seater crossover SUV is expected to be launched in India in the festive season of 2016, around October. Out of the planned 6 SUVs, the first one to hit the roads would be chairman Cyrus Mistry's own baby, the Hexa premium SUV, which was showcased at the recent Geneva International Motor Show. On the other hand, the rugged SUV Raptor, which is intended for the rural buyers would debut by the end of 2016. But, most importantly, the Tata-JLR joint venture SUVs - codenamed as Q501 and Q502 - would take at least 2-3 years and only come out in the second half of 2017.

Source: Economic Times

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