Saturday, September 14, 2013

Tata Nano

Impact on Two Wheelers Both car and two-wheeler companies clear the Nano may agree a much immediate touch modality on on the two-wheeler market than on sm wholly cars. merely they dissent on the degree of the impact. Bajaj Auto predicted that the Nano would wean outside(a) sea scooter buyers, especially those driven by women, who reputation for nearly 30 per cent of gross gross gross revenue (approximately 95,000 scooters atomic number 18 sold every month). Scooters establish 11 per cent of two-wheeler gross revenue. Nano is an intra-city product that will have an bear upon connect with families that buy scooters either for the daughter or wife, understand S Sridhar, CEO of the two-wheeler segment at Bajaj Auto. Most of these consumers are well-to-do and would prefer the safety and reliability that Nano would provide all over a scooter. Plus, the mileage of scooters, unlike that of a motorcycle, is non that attractive. Car- coiffurer Hyundai Motors sees t he Nano have into two-wheeler gross revenue even as it expands the passenger car market. motorcycle behavers, however, argued that less than 5 per cent of premium customers may be weaned away to the Nano, so its impact on their sales will be limited (30 per cent of motorcycle sales are in the premium segment).
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This is because as many as 450,000 motorcycles are sold in a month and Nano sales, at least initially, would be a tiny percentage of that number. Becaouse of that Bajaj has ensured that it offers customers more power in its motorcycle without compromising mileage that, at 70 km to a litre, is a major bullying fo r customers to shift to a small car. Cus! tomer segment| vehicle specifications| | | | Rs 50,000 to Rs 75,000| unlikely to switch| They have high income levels and they buy bikes to make a statement and enjoy the power. Such customers will not go and buy a small, cheap car.| | Rs 30,000| | Price it is tierce the price of a Nano. The motorcycle buyer has a semimonthly salary of much less than Rs 10,000 a month. For him the Nano is preferable if pay option is...If you want to get a full essay, absolute it on our website: OrderCustomPaper.com

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