Tata Nano

Impact on Two Wheelers Both car and two-wheeler companies take the Nano may hurt a much immediate apprehension on on the two-wheeler market than on sm exclusively cars. plainly they dissent on the degree of the impact. Bajaj Auto predicted that the Nano would wean by sea scooter buyers, especially those driven by women, who explanation for nearly 30 per cent of gross gross gross gross gross revenue (approximately 95,000 scooters atomic number 18 sold every month). Scooters lay down 11 per cent of two-wheeler sales. Nano is an intra-city product that will have an horny connect with families that buy scooters either for the daughter or wife, enjoin S Sridhar, CEO of the two-wheeler segment at Bajaj Auto. Most of these consumers atomic number 18 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 s ees the Nano have into two-wheeler sales even as it expands the passenger car market. motorcycle forgers, 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).

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 than power in its motorcycle without compromising mileage that, at 70 km to a litre, is a major de terrence for customers to shift to a small c! ar. Customer 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 non go and buy a small, cheap car.| | Rs 30,000| | Price it is deuce-ace the price of a Nano. The motorcycle buyer has a annual salary of much less than Rs 10,000 a month. For him the Nano is preferable if finance option is...If you want to get a full essay, set it on our website: BestEssayCheap.com

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