Tata Nano wins the Indian Car of the Year (ICOTY) Award

The Tata Nano has won the prestigious Indian Car of the Year (ICOTY) award. In its fifth year running and modeled along the lines of the American, European and Japanese Car of the Year, the ICOTY award and Indian Motorcycle of the Year (IMOTY) award have been instituted by leading automotive magazines in India, in association with JK Tyre, to bring the auto industry in India at par internationally in recognising their efforts.

The awards are an expert and independent judgment of all new cars and motorcycles launched in the calendar year in India. An 11-member specialist jury consisting of senior automobile journalists from leading automobile magazines in India got together to vote for the most impressive car and motorcycle on similar parameters to acclaimed international awards for automotive excellence.
After the jury rounds the Tata Nano emerged as the Indian Car of the Year.

The Managing Director of Tata Motors, Mr. P.M. Telang, received the award from the Vice Chairman & Managing Director of JK Tyre Industries Ltd., Dr. R. P. Singhania, at a ceremony in New Delhi on December 20.

This time there was a close contest for the ICOTY award and after all points were tabulated, it was the Tata Nano with 63 points that emerged the victor. Though several vehicles qualified for the 2010 ICOTY, the ten finalists selected by the jury, besides the Tata Nano, were the Chevrolet Cruze, Honda Jazz, Fiat Linea, Fiat Grande Punto, Maruti Suzuki Ritz, Mahindra Xylo, Skoda Superb, Tata Indigo Manza, and Toyota Fortuner.

The expert jury members of the 2010 ICOTY included Yogendra Pratap and Vikrant Singh of Auto Bild India, Gautam Sen and Bob Rupani of Auto India, Bijoy Kumar Y and Srinivas Krishnan of Business Standard Motoring, Aspi Bhathena of Car India, Sirish Chandran and Bertand D’souza of Overdrive and Vardhan Kondvikar and Girish Karkera of Top Gear India. All these jury members evaluate and test cars as part of their journalistic work and are known for their analytic skills and professional competence. Once a year they come together to vote for the ICOTY.

About Tata Motors
Tata Motors is India’s largest automobile company, with consolidated revenues of Rs.70,938.85 crores ($ 14 billion) in 2008-09. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand and Spain. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India. With over 4 million Tata vehicles plying in India, Tata Motors is the country’s market leader in commercial vehicles and among the top three in passenger vehicles. It is also the world’s fourth largest truck manufacturer and the second largest bus manufacturer. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia and South America. (www.tatamotors.com)

Issued by:
Debasis Ray
Head (Corporate Communications)
Tata Motors Limited
Phone: 00 91 22 66657613;
E-Mail: qv@tatamotors.com
www.tatamotors.com

For further information, please call
Anand Deora
Vaishnavi Corp Comm Pvt. Ltd
011-4239 3500 / 98103 44335

• Would you drive a car that cost only $2,500 new? Indian vehicle maker Tata Motors is planning to launch a new car in about a year that has a price point of under $2,500.  The current cheapest auto is a Suzuki Maruti 800 that goes for over four grand.Allegedly these cars will be able to hit eighty, but I wonder......
• Jackson Lake, Orchard, Colorado Jackson Lake is located in Orchard, Colorado Phone - (970) 645 - 2551 View Larger Map Is boating allowed? Jackson Lake is actually a popular destination for boating. Boating is allowed, but not in or near the swim beaches, in the inlet, the dike fishing area or the outlet tube......
• Los Vaqueros Reservoir   Los Vaqueros Reservoir Los Vaqueros Reservoir is located in: Byron, CA Phone: (925) 371-2628 About the Lake: Los Vaqueros Reservoir is a great place for a boating outing and it features some of the best fishing in the area. Over 100,000 acre feet of water are stored here and......
• Daimler Pays To Get Rid Of Chrysler After acquiring Chrysler in 1998, Daimler Chrysler AG has cried uncle and found someone to take the loss making unit off their hands. Private Equity firm Cerberus, is paying Chrysler (note: thats Chrysler, not Daimler) $7.5 Billion to acquire 80% of it. Daimler is also chipping in approximately $650 million......
• Frugality trumps return on investment I was chatting with one of the members of my credit union's supervisory committee after our meeting today.  We had just talked with the CEO about the ongoing banking bailouts, buyouts, and other assorted taxpayer deficit bonanzas, and we all recounted stories of investments becoming worthless amidst company bankruptcy. Then......