As the following lists detail, the best-selling vehicle in history is the Toyota Corolla, with more than 32 million units sold. The 50th best-selling car in history is the Peugeot 405 with 3.5 million units sold. The best-selling vehicle in 2008 was the Ford F-Series truck
with 515,513 units sold. It's also the second best-selling vehicle of all-time.
If the Tata Nano continues at its current initial popularity, how high could it advance on the all-time list?
The Top-10 Best-Selling Cars In History
1. Toyota Corolla - 32,000,000+units
Introduced in 1966, the Corolla is produced in five continents by Japanese automaker.
2.Ford F-Series - 30,000,000+units
Introduced 1948, it's the top-selling truck of all-time, remarkable since it's sold only in the United States.
3. Volkswagen Golf - 25,000,000+units
Launched by the German automaker in 1974, it's now in its sixth generation.
4. Volkswagen Beetle - 22,300,000+units
The first model was produced by German automaker in 1938 at the request of the Nazi government.
5. Ford Escort - 20,000,000+units
The iconic brand, produced 1968-2000 was particularly popular in Europe.
6. Honda Civic - 17,730,000+units
The value-priced Civic has been produced since 1972 and is now in its eighth generation.
7. Ford Model T - 16,500,000+units
Named the most influential car of the 20th century, it was made from 1909-1927.
8.Volkswagen Passat - 14,100,000+units
Made since 1973, the Passat is in its sixth generation and has been sold under seven names.
9. Chevrolet Impala - 14,000,000+units
Offered since 1958, it's considered the first luxury car for the middle class.
10. Ford Fiesta - 12,500,000+units
Sold worldwide since 1976, it's manufactured by Ford Europe, a Ford Motor Company subsidiary.
The Top 10 Best-Selling Cars of 2008
1. Ford F-Series: 515,513; 2. Chevy Silverado: 465,065; 3. Toyota Camry: 436,617; 4. Honda Accord: 372,789; 5. Toyota Corolla: 351,007; 6. Honda Civic: 339,289; 7. Nissan Altima: 269,668; 8. Chevy Impala: 265,840; 9. Dodge Ram: 245,840; 10. Honda CR-V: 197,279.
Showing posts with label how many bookings did nano make. Show all posts
Showing posts with label how many bookings did nano make. Show all posts
Tata Motors’ debt worries
Tata Motors that made an audacious buyout of Jaguar Land Rover two years back may have bitten off more than it can chew. Its debt numbers seem to be piling up and even as credit conditions have improved, the going may be tough.
Well, life is moving beyond the Nano for Tata Motors. The company's top management is thinking overtime to manage its multi billion dollar debt. According to sources, in the last few months the Tata group have been forced to raise money for the payments of Jaguar Land Rover, a firm they bought at the peak of the bull run.
Some analysts peg the debt figure at Rs 30,000 crore saying that the debt has been slowly rising over quarters for Tata Motors and averaging at the said amount.
Now, the group is in the market again to raise money, this time through bonds. Meanwhile, some analysts feel that the Tata group have no securities to offer and so a bond issue is the only option.
Mahentesh Sabarbad, Auto Analyst at Centrum Broking, said, “Today Tata Motors’ balance sheet is so stretched that it is apparent to me that they don’t have any securities to offer. So, they are going in for an SBI backed guarantee, which turns out to be a win-win situation for all the three parties.
The company’s current debt is double the equity of the firm and they have to not only payback bridge loan, but also worry about feeding working cap into JLR and have to take the next pension fund deficit call at JLR.
Meanwhile, struggling to find avenues to refinance the high cost debt taken to acquire JLR, Tata Motors is now hoping to tap into the increased appetite for corporate bonds. But questions over the company's ability to manage the huge debt linger.
Well, life is moving beyond the Nano for Tata Motors. The company's top management is thinking overtime to manage its multi billion dollar debt. According to sources, in the last few months the Tata group have been forced to raise money for the payments of Jaguar Land Rover, a firm they bought at the peak of the bull run.
Some analysts peg the debt figure at Rs 30,000 crore saying that the debt has been slowly rising over quarters for Tata Motors and averaging at the said amount.
Now, the group is in the market again to raise money, this time through bonds. Meanwhile, some analysts feel that the Tata group have no securities to offer and so a bond issue is the only option.
Mahentesh Sabarbad, Auto Analyst at Centrum Broking, said, “Today Tata Motors’ balance sheet is so stretched that it is apparent to me that they don’t have any securities to offer. So, they are going in for an SBI backed guarantee, which turns out to be a win-win situation for all the three parties.
The company’s current debt is double the equity of the firm and they have to not only payback bridge loan, but also worry about feeding working cap into JLR and have to take the next pension fund deficit call at JLR.
Meanwhile, struggling to find avenues to refinance the high cost debt taken to acquire JLR, Tata Motors is now hoping to tap into the increased appetite for corporate bonds. But questions over the company's ability to manage the huge debt linger.
Tata Motors fails to achieve one million booking of Nano car
Tata Motors has failed to achieve one million booking of Nano car. It must have come as a disappointment for the company. Nano, the company believed would open the floodgate of orders from millions of Indians living in semi urban and rural areas for whom owning a car was just a dream.
The company is trying hard to make sure it doesn’t disappoint its shareholders, with an almost Rs 1,00,000 booking amount for its People’s Car TATA Nano they haven’t got as many bookings as they would have expected. Now TATA Motors is giving more options in terms of loans and also advising its financial arm to not to be too strict on loans.
Also one more factor which has prevented bulk booking of the Nano is PAN card, TATA Motors has announced that Nano will be limited to one car per PAN number. And PAN card is mandatory while taking delivery of TATA Nano.
Many of the brokers who usually buy newly launched cars in bulk are also cautious about the delivery time which could make their money locked with TATA Motors for upto an year without any interest.
There are reports that say that Tata Motors sees 6-8 lakh bookings overall as against the initial expectation of over 10 lakh bookings. Analysts say the company will mop up over Rs 700 crore on bookings alone. Tata Motors, moreover, will also collect Rs 24 crore through the sale of more than 8 lakh forms.
The company is trying hard to make sure it doesn’t disappoint its shareholders, with an almost Rs 1,00,000 booking amount for its People’s Car TATA Nano they haven’t got as many bookings as they would have expected. Now TATA Motors is giving more options in terms of loans and also advising its financial arm to not to be too strict on loans.
Also one more factor which has prevented bulk booking of the Nano is PAN card, TATA Motors has announced that Nano will be limited to one car per PAN number. And PAN card is mandatory while taking delivery of TATA Nano.
Many of the brokers who usually buy newly launched cars in bulk are also cautious about the delivery time which could make their money locked with TATA Motors for upto an year without any interest.
There are reports that say that Tata Motors sees 6-8 lakh bookings overall as against the initial expectation of over 10 lakh bookings. Analysts say the company will mop up over Rs 700 crore on bookings alone. Tata Motors, moreover, will also collect Rs 24 crore through the sale of more than 8 lakh forms.
Tata Nano debuts with 1 millon requests; watch out Toyota Corolla
As the following lists detail, the best-selling vehicle in history is the Toyota Corolla, with more than 32 million units sold. The 50th best-selling car in history is the Peugeot 405 with 3.5 million units sold. The best-selling vehicle in 2008 was the Ford F-Series truck
with 515,513 units sold. It's also the second best-selling vehicle of all-time.
If the Tata Nano continues at its current initial popularity, how high could it advance on the all-time list?
The Top-10 Best-Selling Cars In History
1. Toyota Corolla - 32,000,000+units
Introduced in 1966, the Corolla is produced in five continents by Japanese automaker.
2.Ford F-Series - 30,000,000+units
Introduced 1948, it's the top-selling truck of all-time, remarkable since it's sold only in the United States.
3. Volkswagen Golf - 25,000,000+units
Launched by the German automaker in 1974, it's now in its sixth generation.
4. Volkswagen Beetle - 22,300,000+units
The first model was produced by German automaker in 1938 at the request of the Nazi government.
5. Ford Escort - 20,000,000+units
The iconic brand, produced 1968-2000 was particularly popular in Europe.
6. Honda Civic - 17,730,000+units
The value-priced Civic has been produced since 1972 and is now in its eighth generation.
7. Ford Model T - 16,500,000+units
Named the most influential car of the 20th century, it was made from 1909-1927.
8.Volkswagen Passat - 14,100,000+units
Made since 1973, the Passat is in its sixth generation and has been sold under seven names.
9. Chevrolet Impala - 14,000,000+units
Offered since 1958, it's considered the first luxury car for the middle class.
10. Ford Fiesta - 12,500,000+units
Sold worldwide since 1976, it's manufactured by Ford Europe, a Ford Motor Company subsidiary.
The Top 10 Best-Selling Cars of 2008
1. Ford F-Series: 515,513; 2. Chevy Silverado: 465,065; 3. Toyota Camry: 436,617; 4. Honda Accord: 372,789; 5. Toyota Corolla: 351,007; 6. Honda Civic: 339,289; 7. Nissan Altima: 269,668; 8. Chevy Impala: 265,840; 9. Dodge Ram: 245,840; 10. Honda CR-V: 197,279.
with 515,513 units sold. It's also the second best-selling vehicle of all-time.
If the Tata Nano continues at its current initial popularity, how high could it advance on the all-time list?
The Top-10 Best-Selling Cars In History
1. Toyota Corolla - 32,000,000+units
Introduced in 1966, the Corolla is produced in five continents by Japanese automaker.
2.Ford F-Series - 30,000,000+units
Introduced 1948, it's the top-selling truck of all-time, remarkable since it's sold only in the United States.
3. Volkswagen Golf - 25,000,000+units
Launched by the German automaker in 1974, it's now in its sixth generation.
4. Volkswagen Beetle - 22,300,000+units
The first model was produced by German automaker in 1938 at the request of the Nazi government.
5. Ford Escort - 20,000,000+units
The iconic brand, produced 1968-2000 was particularly popular in Europe.
6. Honda Civic - 17,730,000+units
The value-priced Civic has been produced since 1972 and is now in its eighth generation.
7. Ford Model T - 16,500,000+units
Named the most influential car of the 20th century, it was made from 1909-1927.
8.Volkswagen Passat - 14,100,000+units
Made since 1973, the Passat is in its sixth generation and has been sold under seven names.
9. Chevrolet Impala - 14,000,000+units
Offered since 1958, it's considered the first luxury car for the middle class.
10. Ford Fiesta - 12,500,000+units
Sold worldwide since 1976, it's manufactured by Ford Europe, a Ford Motor Company subsidiary.
The Top 10 Best-Selling Cars of 2008
1. Ford F-Series: 515,513; 2. Chevy Silverado: 465,065; 3. Toyota Camry: 436,617; 4. Honda Accord: 372,789; 5. Toyota Corolla: 351,007; 6. Honda Civic: 339,289; 7. Nissan Altima: 269,668; 8. Chevy Impala: 265,840; 9. Dodge Ram: 245,840; 10. Honda CR-V: 197,279.
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