Posted by: pricewale on: March 24, 2009
If you pursue something, you will certainly get there. Nothing is impossible,” said Ratan Tata unveiling the much-awaited Tata Nano at a glittering ceremony in Mumbai. The city’s iconic Marine Drive and its gentle breeze formed the perfect backdrop for the occasion and there was not a soul who was not moved by the significance [...]
Posted by: pricewale on: March 24, 2009
rom drawing board to Singur and to Sanand before hitting the showrooms, it has been quite a journey for Tata Motors’ Nano, the world’s cheapest car. Here’s how the Rs one lakh car was born.
March 2003 : Ratan Tata discloses plans to launch the world’s cheapest car at Rs 1 lakh at Geneva Motor Show.
May [...]
Posted by: pricewale on: March 13, 2009
Tata’s small car Nano may not be able to enter Europe due to stringent safety and emission norms, leading German luxury carmaker Audi said joining the list of auto players, who are sceptical about the prospects of the world’s cheapest car.
Nano has always elicited sharp reactions from rival carmakers, including Maruti Suzuki, about its compatibility [...]
Posted by: pricewale on: March 6, 2009
Tata Motors is working on a micro-hybrid version for the Nano that will increase the fuel efficiency of the world’s cheapest car further, while cutting down its emissions . The company is in discussions with Bosch, the world’s biggest component supplier, for sourcing the technology that is already being used by Mahindra in India and [...]
Posted by: pricewale on: March 6, 2009
Maruti Suzuki could slash the price of its largest-selling model, Alto, as it looks to take on the Nano, the world’s cheapest car being rolled out by rival Tata Motors
with a price tag of Rs 1 lakh later this month, said an executive familiar with the car market leader’s plans.
The executive, who asked not to [...]
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. Dealers [...]
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 State [...]
