Tata Tiago prices may go up soon, company to ramp up production to meet rising demand

Tata Motors' new Tiago hatchback is off to a flying start as it sold over 3,000 units in the month of April, with the company claiming to have got over 1 lakh enquiries when the new model was launched.

Although Tiago's booking figures are not yet out, the general consensus is that the majority of the enquiries could turn into bookings. As the Tata Tiago continues to grab the attention of the auto lovers in the country, the latest report is that the company is planning to increase the price of the model soon.

Tata had said earlier that it would be difficult to keep the introductory prices of the Tiago for a long time. Although it did not specify the timeframe for this, a report of Business Standard says that the dealers of Tata have received the revised prices of the Tiago, which could come into effect soon. However, Tata is yet to announce anything on the same. According to the report, the prices of the Tiago could go up by Rs. 3,000.

The report further says that the company is also planning to start a second shift at its Sanand plant to meet the increasing demand for the Tiago. Tata Tiago now commands a waiting period of over two months in most of the cities. The current production capacity of the Tiago stands at about 100 to 110 per day. Tata's Sanand plant has a capacity to manufacture 1,200 cars every day.

Launched on April 6 at a starting price of Rs. 3.2 lakh (ex-showroom Delhi), Tata Tiago is offered in five variants — XB, XE, XM, XT and XZ, the Tiago comes in six colour options. Powering the Tiago are 1.2-litre three-cylinder Revotron petrol and 1.0-litre three-cylinder Revotorq diesel mills. While the petrol mill churns out 83.8bhp of power at 6,000rpm and 114Nm of torque at 3,500rpm, the 1.05- diesel engine produces 69bhp of power 4,000rpm and 140Nm of torque at 1,800-3,000rpm. Both the engines come mated to a five-speed manual gearbox.

[1 lakh = 100,000 | 1 crore = 10 million | 100 crore = 1 billion]