- Friday 18 Oct 2019
No Tata Nano production in first 9 months of 2019, just 1 unit sold
Team Udayavani, Oct 8, 2019, 11:13 AM IST
New Delhi: Tata Motors has not produced a single unit of its entry-level car Nano in the first nine months of 2019 but sold just one unit in February in the domestic market although it is yet to officially announce that the model has been discontinued.
The company has so far been maintaining that no decision has been made yet on the future of the Nano saying production planning of a car is a “conscious management of demand, system inventory and planned efficiencies”.
It has, however, admitted that in its current form the Nano will not meet the new safety regulations and BS-VI emission norms.
As per regulatory filings by the company, there was no production and sales of the Nano in the domestic market in September this year making it the ninth consecutive month that Tata Motors has not produced the small car.
After selling just one unit in February this year, the company has also not sold a single unit of the Nano in the rest of the months of the year so far, according to the filings.
Nano, which was unveiled in January 2008 at the Auto Expo with much expectations of being the people’s car, could not live up to the billing. Its sales have been dwindling over the years.
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.
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”.
Company officials had, however, hinted that production and sales of the Nano would stop from April 2020 as Tata Motors has no plans to invest further on Ratan Tata’s dream car to meet strict emission norm under Bharat Stage-VI and other safety regulations.
The Nano was launched in the market in March 2009 with an initial price of close to Rs 1 lakh for the basic model despite cost escalations, with Tata insisting that “a promise is a promise”.
However, from the beginning, Nano courted trouble. It was originally planned to be rolled out from Tata Motors’ proposed plant at Singur in West Bengal, where it faced intense political and farmer protests against land acquisition. The company had to shift its production to a new plant at Sanand in Gujarat.
Instances of the car catching fire initially after it was launched didn’t help its cause either.
Tata had admitted that the company made the mistake of promoting the Nano as ‘the cheapest car’.
New Delhi: Reliance Industries (RIL) on Friday added another feather to its cap by becoming the first Indian firm to hit the Rs 9 lakh crore market va....
New Delhi: State-owned fuel retailers on Friday decided to defer their decision to suspend jet fuel supplies to Air India after the national carrier p....
Washington: The International Monetary Fund on Thursday said though India has worked on the fundamentals of its economy, there are problems, including....
New Delhi: Raising funds for the third time in little over a month, Air India Assets Holding Ltd (AIAHL) on Thursday raised Rs 7,985 crore through bon....
New Delhi: Footwear major Bata India on Thursday said it will strengthen its presence in the domestic market by adding 500 stores in next five years, ....
Bengaluru: BJP MLA Umesh Katti on Friday condemned Chief Minister BS Yediyurappa's statement for providing water to Maharashtra. Addressing presspe....
New Delhi: Muslim parties in the Ayodhya land dispute case on Friday issued a statement expressing shock over reports suggesting that the Sunni Waqf B....
New Delhi: The CBI on Friday filed a charge sheet before a Delhi court against former finance minister P Chidambaram in the INX Media case. The cha....
Gohana: Prime Minister Narendra Modi on Friday hit out at the Congress on the issue of Article 370, saying parties like it can neither understand sent....
Karachi: Sarfaraz Ahmed was on Friday sacked as Pakistan's Test and T20 captain following the team's unexpected loss in the home series against Sri La....