Tata Motors, India’s biggest automobile manufacturer, on Friday, at a five year celebration for selling five lakh units of the Ace said that they planned to introduce the Venture in August 2010.
Based on the one tone Ace platform, the Venture, which was displayed at the Auto Expo in Delhi, earlier this year, is a 5,7&8-seater people mover and comes strapped with the tried and tested Indica diesel engine (475 IDI Turbo Diesel) that belts out 70bhp.
Expected to be priced between 4.5 -6 lakh, Tata Motors sure seems to be on its way to capturing a niche space in this segment, as currently there are no players besides Maruti whose vehicles the Omni and the Eeco, both, come with petrol engines only. Tata’s diesel powered engine should definitely prove advantageous as this comes at a time when there’s hardly any competition for the giant automobile manufacturer.
Besides thanking customers for creating various applications for the Ace and dramatically changing the customer profile, Tata Motors also said that the Magic IRIS would be introduced around September-October 2010. (The Magic IRIS is based on the original 750 kilo Tata Ace platform)
Tata Motors also added that they plan to get into the pre-owned vehicle business as there is a great demand for pre-owned vehicles in the country. This business would be called “Tata Certifiedâ€.