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<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"><html><head><title>India's Tata Motors launches new variants| Reuters</title> <META name="description" content="NEW DELHI, Jan 9 (Reuters) - Tata Motors Ltd <TAMO.BO>,India's top vehicle maker, on Wednesday launched a range of newpassenger vehicles it hopes will help it gain a larger share ofan increasingly"> <META name="keywords" content="India,Asia,Emerging countries,"Auto, truck and motorcycle manufacturing",Italy,Western Europe,Europe,Automobiles and components,Japan,Financials,France,Leisure products,United States of America,Automobiles and auto parts,Cyclical consumer goods and services,Economic news, EC, business/financial pages,"><META name="keywords" content="[India, Asia, Emerging countries, "Auto, truck and motorcycle manufacturing", Italy, Western Europe, Europe, Automobiles and components, Japan, Financials, France, Leisure products, United States of America, Automobiles and auto parts, Cyclical consumer goods and services, Economic news, EC, business/financial pages]"><META name="Author" content=""><META name="REVISION_DATE" content="Wed Jan 09 11:02:35 UTC 2008"><link rel="image_src" href="http://www.reuters.com/resources_v2/images/reuters120.gif" /><link rel="canonical" href="http://www.reuters.com/article/idUSBOM8372120080109" /> <link rel="shortcut icon" href="/resources_v2/images/favicon.ico" /> <link rel="icon" href="/resources_v2/images/favicon.ico" /> <link href="/resources_v2/css/rcom-main.css" rel="stylesheet" /> <script src="/resources_v2/js/libraries/yui_2_7_0/yahoo/yahoo-min.js" type="text/javascript"></script> <script src="/resources_v2/js/libraries/yui_2_7_0/event/event-min.js" type="text/javascript"></script> <script src="/resources_v2/js/libraries/yui_2_7_0/dom/dom-min.js" type="text/javascript"></script> <script src="/resources_v2/js/libraries/yui_2_7_0/yahoo-dom-event/yahoo-dom-event.js" type="text/javascript"></script> <script src="/resources_v2/js/libraries/yui_2_7_0/animation/animation-min.js" type="text/javascript"></script> <script src="/resources_v2/js/libraries/yui_2_7_0/connection/connection-min.js" type="text/javascript"></script> <script src="/resources_v2/js/libraries/yui_2_7_0/cookie/cookie-min.js" type="text/javascript"></script> <script src="/resources_v2/js/rcom-main.js"></script> <script src="/resources_v2/js/rcom-ads.js"></script> <script src="/resources_v2/js/rcom-mlt.js"></script> <script src="/resources_v2/js/extensions.js"></script> <script src="/resources_v2/js/rcom-pid.js"></script><script src="/resources_v2/js/rcom-cobrand.js"></script><script src="/resources_v2/js/rcom-tns.js"></script><link href="/resources_v2/css/rcom-article.css" rel="stylesheet" /><script src="/resources_v2/js/rcom-article.js"></script><script src="/resources_v2/js/rcom-linkback.js"></script> <script src="/resources_v2/js/YUI_slideshow.js"></script><link href="/resources_v2/css/rcom-slideshow.css" type="text/css" rel="stylesheet" /><link href="/resources_v2/css/rcom-multimedia.css" type="text/css" rel="stylesheet" /><style type="text/css">.articleComments .grid8 .dividerInlineH { margin-top: 10px; 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}</script></div><div class="column2 gridPanel grid8"><h1>India's Tata Motors launches new variants</h1> <div class="columnRight"><div class="relatedRail gridPanel grid2"><div id="articleInfo" class="module"> <div class="moduleBody"> <div class="timestamp">Wed Jan 9, 2008 6:02am EST</div> </div></div></div></div><span id="trackingEnabledModule" name="trackingEnabledModule" moduleName="Related News" moduleId="10036173"> <script language="javascript">addImpression("10036173_Related News");</script> <div class="columnRight"><div class="relatedRail gridPanel grid2"></div></div><script type="text/javascript">removeImpression(); </script></span> <span id="trackingEnabledModule" name="trackingEnabledModule" moduleName="Related News (Auto)" moduleId="10036174"> <script language="javascript">addImpression("10036174_Related News (Auto)");</script> </span> <div class="columnRight"><div class="relatedRail gridPanel grid2"><div id="thirdPartyLinkbackNews"></div></div></div><div class="columnRight"><div id="relatedStocks" class="relatedRail gridPanel grid2"><div class="module"> <div class="moduleHeader"><h3>Stocks</h3></div> <div class="moduleBody"> <span id="articleCompanyFlyout"> </span> <span id="articleCompanyInfo"> </span><script type="text/javascript">var sTicker = 'TAMO.BO';//var sTicker = 'TAMO.BO';var baseChartUrl = 'http://proxycache.reuters.com/wsod/enhancements/chartapi/chart_api.asp?';var baseChartFormatting = '&width=300&height=162&headerType=none&display=mountain&theme=blue&preset=stockQuote';var stockSectionUrl = '/finance/stocks/overview?symbol=';</script><script type="text/javascript" src="/resources_v2/js/articleCompanyQuotes.js"></script></div></div></div></div><div class="columnRight"><div class="relatedRail gridPanel grid2"></div></div><div class="columnRight"><div class="relatedRail gridPanel grid2"></div></div><script type="text/javascript"> </script> <span id="articleText"><span id="midArticle_start"></span><span class="focusParagraph"><p> NEW DELHI, Jan 9 (Reuters) - Tata Motors Ltd (<span id="symbol_TAMO.BO_0">TAMO.BO</span>),India's top vehicle maker, on Wednesday launched a range of newpassenger vehicles it hopes will help it gain a larger share ofan increasingly competitive market.</p></span><span id="midArticle_0"></span><p> Tata Motors, which will be unveiling its new "People's Car"priced at about $2,500 on Thursday, will sell the newgeneration Indica, the latest version of its best-sellinghatchback, from the latter part of 2008, Chairman Ratan Tatasaid at an auto show.</p><span id="midArticle_1"></span><p> "Ten years after it was first launched, we have a car thathas a respectable market share, is very visible on the roads inIndia and some roads elsewhere," Tata said at the unveiling ofthe new Indica.</p><span id="midArticle_2"></span><p> Though a booming domestic economy and stricter emissionsand safety rules have boosted demand for vehicles in India,growing competition, higher interest rates and rising rawmaterial costs have weighed on car makers such as Tata Motors.</p><span id="midArticle_3"></span><p> For additional stories, pictures and video from the AutoShow go to <a href="http://in.reuters.com/news/globalcoverage/special">here</a></p><span id="midArticle_4"></span><p> Tata Motors, India's number three car maker, also launcheda compact variant of its Indigo sedan, and a new variant of itsSumo multi-utility.</p><span id="midArticle_5"></span><p> The company will also launch the Xenon XT, a pick-up truck,later in the year.</p><span id="midArticle_6"></span><p> The new Indica is fitted with a 1.3 litre diesel engine anda 1.2 petrol engine, which will be made at a new Tata-Fiatjoint venture plant in western India. It will be offered at ahigher price that the present Indica range.</p><span id="midArticle_7"></span><p> The new Indigo, which goes on sale later this month, willalso come in petrol and diesel variants.</p><span id="midArticle_8"></span><p> Shares in the company eased nearly 0.5 percent at 770.45rupees in a Mumbai market <a href="/finance/markets/index?symbol=in%21sen">.BSESN</a> that ended flat. 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