Sales of the world’s cheapest car, the Tata Nano, plunged 85 percent in November 2009 to 509 units. That is lowest figure since the Nano made its debut last year. The drop in sales comes as customers face difficulty in accessing loans to purchase vehicles. In an e-mail response to Bloomberg, Tata Motors said that [...]
Tata Motors has announced that it is offering owners of the subcompact Nano, the world’s cheapest car, the option to install safety protection in the car after a couple of them went up in flames last year. Tata will reach out to 70,000 owners of the Nano to offer them the option of installing “additional [...]
In some not so surprising news today, the world’s cheapest car, the Tata Nano, is about to undergo a price jump. Tata said that it is currently contacting customers on the waiting list to tell them that the car will see a 3 percent to 4 percent price jump. The original asking price for the [...]
Tata Motors today opened the doors to another plant to build its $2,500 Nano compact car that will increase output to meet rising demand for the car in the south Asian market. The factory in Sanand, western Indian state of Gujrat, will build about 250,000 Tata Nano units annually. The plant may end up producing [...]
Geely is planning to make big headlines when it steals the title of the world’s cheapest car from the Tata Nano, which costs $2,500. According to a report by AutoCar the Geely subcompact will based on the Intelligent Geely (IG) concept shown at Beijing and will cost between $1,500 and $2,000. Geely, which recently purchased [...]
Nissan’s upcoming $3,000 Tata Nano rival for the Indian market is expected to increase the company’s profitability as it takes advantage’s of its local partner’s, Bajaj Auto Ltd., low-cost production techniques. Gilles Normand, Nissan’s corporate vice president in charge of Africa, the Middle East and India, said that while in talks with Bajaj, the company [...]
Apple will start selling its iPad outside the United States later this month, however, CEO Steve Jobs has yet to specify a date. Those who are anxious to get their hands on one, or want to capitalize on the uncertainty, are traveling all the way to New York to pick up a bunch of units. [...]
We’ve been hearing about Hyundai’s Tata Nano since last year and today we have more details along with photo renderings of the compact car. According to Hyundai”s Advanced Technology Center head, Cho Won-suk, the car will arrive on the market by next year. Hyundai’s Indian sources say that the car will be powered by a [...]
While this is the first Tata Nano we’ve ever seen go up in flames, this is apparently the second one (third or fourth – we’re not sure). Either way, the story goes that insurance agent Satish Sawant took delivery of his Nano in Prabhadevi, Mumbai. Tata Motors arranged a company chauffeur to deliver the Nano [...]
Suzuki’s boss says that the company isn’t going to build a cheap car to rival the Tata Nano in developing countries, despite facing a big threat in one of its largest markets. The Tata Nano is offering Indian car shoppers a cheaper option other than Suzuki and its partner Maruti, who together control 50 percent [...]
