Tata Nano delayed, again, and this time there's no timetable for introduction
Click on the image above for a gallery of the Tata Nano
Will the Tata Nano, much hyped as the world's cheapest car, ever arrive? Production of the car, which has has been delayed by protests in the recent past, could be put off once again now that Tata Motors unexpectedly lost money in the third fiscal quarter (which ended in December). Sales of Tata's other vehicles were down and the company had to temporarily close some plants; there were also layoffs at Tata and at Jaguar Land Rover, which Tata bought from Ford last summer. The Nano was unveiled in January 2008, at which time the company told the world that the $2,000 cars would be available for sale by the end of 2008 (didn't happen). Tata Motors has now told Automotive News Europe (subs req'd) that it does not currently have a definite timetable for bringing the Nano to market. Better exhale on that breath you're holding.
Gallery: Tata Nano: The People's Car
[Source: Automotive News Europe (subs req'd)]
Reader Comments (Page 1 of 1)
B.R.Prabhu 1:17AM (2/06/2009)
This would have been the most appropriate time for Tatas to market Nano and capture the world markets . While Toyota, GM,Ford and a dozen auto Companies are closing plants becuase of slump; Nano would have sold in millions by the end of the economic recovery say by 2012.
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Heather Rozycki 7:10PM (2/28/2009)
How do I get my name on the list???
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