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Tata receives 203,000 bookings for Nano, twice what they can initially fulfill

About a month ago, Tata Motors began accepting pre-orders (through a lottery/booking slip form) for the World's Cheapest Car, the Nano. In the first week, Tata announced it had sold over 81,000 booking forms but Tata has even better news to report this week: 203,000 fully paid bookings. Now that the pre-order window has closed, Tata will use a computer to randomly pick the first 100,000 people who will get to take possession of tiny car in July. The 203,000 bookings represent sales of almost $101 million (U.S.) for the Indian company, and ... Read more →

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