Tenth anniversary of Tata Ace
Date: 27 Jul 2015
Tata Motors on July 27, 2015
formally celebrated the tenth anniversary of Tata Ace that had created a new
Small Commercial Vehicle (SCV) category when first launched in 2005 and is now
the most successful SCV brand.
The Tata Ace was launched when
Tata Motors recognised a latent customer need to create a completely new market
segment to pioneer the concept of mini-truck in India. It has since remained
among the most preferred choices of Indian entrepreneurs and small businesses,
leading the market with an 85pc market-share. Highlighting the success of this
path-breaking innovation, the Tata Ace family has surpassed the 1.5 million
sales mark in these ten years. Today, one in every five commercial vehicle sold
in India, is from the Tata Ace Family.
Speaking at the celebration
ceremony, R. Ramakrishnan, Senior Vice
President, Commercial Vehicles Business Unit, Tata Motors, noted “Completion of
ten successful years of Ace is truly a remarkable milestone. Tata Ace has been
a revolutionary product and is a result of our deep understanding of the market
and consumer. While we feel this is only the beginning of a long successful
journey, we are proud that the Ace family has been the preferred choice for
last mile transportation, selling over 1.5 million vehicles, globally, since
inception and has been responsible for generating entrepreneurship and
employment in many parts of India. Making this journey special are over 1
million customers, who have trusted the brand and have grown in the businesses.
We would like to extend our gratitude to all our customers for trusting the
brand.”
The Ace family today comprises
of the Ace HT, the Ace EX, the Ace CNG, the Ace High deck, the Ace DICOR NA,
the Ace DICOR turbo, the Ace Zip and the latest addition to family was the
Super Ace Mint. On the last mile passenger transportation side, the Ace
platform has brought in Magic HT, the Magic CNG, the Magic IRIS and the Magic
IRIS CNG.