Tata Motors will stop production of at least four cars by 2020 – 21. These cars are – Nano, Indica, Indigo CS and Sumo. The Sumo Grand, a variant of Sumo, has already been discontinued.
According to the company, it plans to develop different models based only on the two platforms. By 2019 - 20, the company will launch at least four new cars and the old cars discontinue one by one.
The Tata Nano has been in the news in recent times with ousted Tata Sons chairman Cyrus Mistry stating that the Nano’s production should be stopped to prevent the company’s loss. The Nano was the brainchild of Ratan Tata and it is believed that it was one of the reasons for the differences between the Tata group and Cyrus Mistry. Whatever the reasons may have been, however, it appears that Tata Motors management has realized that Nano is not a deal of profit for them.
The Tata Nano was launched in the market in 2010, but it could not get a position in the market. On the other hand, Indigo CS and Indica were in good position in the market.
For overtaking Mahindra and grabbing the third position among Indian automakers, it is necessary for Tata Motors that it will stop production of old cars one by one and launch new cars in the market.
In 2017 – 18, Tata’s two new introductions are lined up – the compact SUV Nexon, which was showcased at the Indian Auto Expo, and the second car is TaMo Racemo, that was introduced at the Geneva Auto Show.
Although, Tata has not revealed its plans for the launch of new vehicles yet, sources said that Tata Motors can launch a premium large hatch to compete with the Hyundai i20 Elite, Honda Jazz, Baleno and Honda City.