So the numbers are out and they are not surprising. But still 200,000 cars booked is not bad at all. Though I just wonder… How many would actually take the deliveries when the time comes.
Hints of economy getting back on track and if it does get back on track, the aspirations of people would change (not that they are any different right now)
A car still, to many, is not a vehicle to commute from point A to point B. It signifies a shift in life stage (even for households where a small car is second or third car). And buying a car which is a taxi… not exactly a status elevator. And Nano is bound to transform the local cab commuting for sure. While the marketing team might disagree but when the production line is fully functional, the market reality would move the segment.
I do believe that the positioning shift definitely would be required and needs to happen before its too late. 200,000 is not a reflection of a need or a desire… Its the initial euphoria.
And I need to mention here.. its a great achievement to manufacture a car at this pricing… What it actually does is that it makes the consumers upstream question other manufacturers about the extra value that they are providing for the price tags.
Read in the paper today that at least in Pune, the bookings for the car have not been as expected. Of course once the data is put together, the company will come out with outstanding figures. And they would be right too. But the question is will the enthusiasm and excitement sustain?
Report said that its the higher end models that are being booked and a fair amount of people have not even gone in for financing. People’s car??
The so called ‘bike people’ it was meant for… they surely are not the buyers. Its the second or third car in the house people who are buying is my guess.
And right now its the buzz that is pulling in consumer. Once, like it happens with all TATA passenger cars, it becomes a great city cab, people it was meant for or the people who are buying right now… they might shy away. Of course TATA’s would still get the huge numbers they wanted (Indigo is I think still leading in the ‘sedan’ category and i see more taxis than actual people driving)
And more importantly, car buying in this country is no more about waiting! The days of license raj when people would wait for months and years to get the vehicle but seriously… would you wait? specially if its going to be your first car?
Nope I think its the dream car only for TATA’ and not for the consumer it was aimed for… Mummy daddy, rinku & pinku would still be waltzing around town on the bike for sure.