Hot Posts

6/recent/ticker-posts

Tata Motors to deliver first Nano on Friday

Tata Motors Ltd, India's largest vehicles maker, said on Thursday it would deliver the Nano, the world's cheapest car, to its first customer on Friday.

Chairman Ratan Tata had showcased the Nano at an auto show in New Delhi in January last year, but consumer bookings began only in April this year after the project was delayed due to land disputes at its planned site in West Bengal.

Tata has assured price protection for the first 100,000 customers, for whom the cars will be available for Rs 1,00,000 ($2,053), excluding taxes.

The company, which is currently manufacturing the Nano from its interim facility at Pantnagar, has a capacity to manufacture 50,000 cars a year, which it plans to raise to 2.5 lakh units once its new plant at Sanand in Gujarat starts in December.

Post a Comment

0 Comments

statistics