Posted by: pricewale on: February 24, 2009
Close to the launch of Nano, jittery used car dealers have slashed prices by more than 25-35% in recent weeks. Industry officials say dealers are trying to move prices closer to the Rs 1 lakh-mark to be competitive with Nano. Prices of mid-sized cars are down by over 25% and by 20% for smaller cars. [...]
Posted by: pricewale on: February 6, 2009
Bookings for the Rs 1 lakh Nano will begin by February end. The booking amount for the world’s cheapest car will be around Rs 70,000.But, even after paying 70% of the car’s total cost, the wait could be quite long. Sources familiar with development said that all dealers of Tata Motors and branches of the [...]
