Tata Nano: No production in last 9 months; just 1 unit sold
On the issue of discontinuing the Nano, Tata Motors has insisted that "Decisions on product life cycle is a holistic view taken after considering the market developments, regulations and emerging competitive landscape
Tata Nano, the small car remains out of production since January and only 1 unit has been sold in the last nine months according to the company. Tata Motors has still not taken a formal decision on stopping production of the entry-level car, saying it continues to sell the car as per people's demand. However, the sales of the car have been dwindling over recent years with the company managing to sell only 299 Nano cars in the same period of January-September in 2018 while producing just 297.
On the issue of discontinuing the Nano, Tata Motors has insisted that "Decisions on product life cycle is a holistic view taken after considering the market developments, regulations and emerging competitive landscape. Any such decisions are announced as and when it's taken", the company reportedly said in a regulatory filing
According to the filing, last time it produced Nano was in December 2018 when it rolled out 82 units from Sanand plant. Since then, from January to September, the company has not manufactured Nano. In the January-September period 2018, Tata Motors had produced a total of 297 units and sold 299 units of the Nano in the domestic market, according to the filings.
Tata's Nano was unveiled in January 2008 at the Auto Expo with a tag of being a pocket-friendly car.
02:52 PM IST