Even though it advertised as car able to be bought million Indian population, analysts said Nano and his manufacturer company, Tata Motors, may not be successful owing to production problems, declining world economy demand and crisis.
Likelihood only 30,000 to 50,000 Nano's car will be sold in first year owing to limited production capacity, said car industry adepts.
'Nano's sale depends on production instead of on demand,' said Encik Mahantesh Sabarad, one analyst from Centrum Broking's firm in Mumbai.
This car will be launched Monday this and will be on show car outlets from April.
Nano now is issued by two inside manufacturing plant 'temporary operation' said Tata's group director, Encik Ratan Tata.
Friday, March 27, 2009
Wednesday, March 25, 2009
Tata Nano world’s cheapest car
India Tata Motors Ltd yesterday reveal cheapest car world, bring closer car ownership to millions consumers in markets is appearing.
Four Nano's seat, with a environment machinery 625cc, will have one dealer price 100,000 rupee (US$2,500), and will continue on-sale this year. Taxes and profit margin willmark up price for drivers, but it will still cost car about half from the cheapest car in market today.
“Let I ensure you and our critics that the car we have they will meet all security environment standards and criteria." Ratan Tata's chief said as he introduced proudly what has been dubbed “People Car" In Expo Car In New Delhi.
Hundreds people crowded to pavilion to be looking launch, position in seat to get best guess as Tata introduces and then drive a car on stage.
Tata planned the car last year as a safer alternative and are able for zillions which often transport families of four, plus luggage, on motorcycles and scooter.
The car arriving on time when crude oil has peak US$100a barrel, the move to fuel efficient ''green' profit cars advance, and a nostalgia wave has spurred brands sales such as BMW Mini and Fiat 500 Cinquecento
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