No Tata Nano production since Jan; only 1 unit sold in 2019 months

No Tata Nano production since Jan; only 1 unit sold in 2019 months

The company, however, said it has not taken a formal decision on stopping production of the entry-level car

AgenciesUpdated: Tuesday, July 02, 2019, 10:24 PM IST
article-image
Mayank Pareek, President of Passenger Vehicle division at Tata Motors during the launch of Tata Nano's new GenX range in Mumbai on Tuesday. Five new variants of the GenX Nano were launched. Tata Motors sold nearly 20,000 units of the Nano in the previous financial year, a decline of 20% on year |

Mumbai: No Nano production since Jan; only 1 unit sold in 2019 months Tata Motors has not produced its small car Nano since January this year, and not sold a single unit since February this year, according to regulatory filings by the company.

The company, however, said it has not taken a formal decision on stopping production of the entry-level car, which was once dubbed as the 'people's car' saying it continues to sell the car as per demand.

As per the filings by Tata Motors, the last time it produced Nano was in December 2018 when it rolled out 82 units from Sanand plant. Since then, from January to June there was no production of Nano. In terms of sales it was only in February, during January-June period, this year that Tata Motors sold one unit of the small car.

When asked if the company has finally decided to discontinue Nano, a Tata Motors spokesperson said no such decision has been taken yet. "We are selling as per demand," he said. There were no exports of Nano in January-June period too.

In the past, Tata Motors has hinted that Nano production would be stopped from April 2020 as it has no plans to invest further on Ratan Tata's dream car to meet strict emission norm under BS-VI and upcoming new safety regulations.

In June last year, the company produced just one unit of the Nano and sold three units in domestic market. After that, the company continued to produce Nano at Sanand plant based on market demand and has insisted that it hasn't taken a decision on the future of Nano.

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. The car 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 Ratan Tata insisting that "a promise is a promise".

RECENT STORIES

Game-Changing Alliance: Ambani's Reliance Ventures Into Adani's Power For The First Time; Acquires...

Game-Changing Alliance: Ambani's Reliance Ventures Into Adani's Power For The First Time; Acquires...

SRM Contractors IPO Subscribed 86.57 Times On Last Day Of Bidding

SRM Contractors IPO Subscribed 86.57 Times On Last Day Of Bidding

Tax-Saving Tip From Zerodha CEO Nithin Kamath: 'If You're Married And Hindu..."; Here's How To Save...

Tax-Saving Tip From Zerodha CEO Nithin Kamath: 'If You're Married And Hindu...

Holy Cities Like Ayodhya, Varanasi Attracting Big Retail Brands: Report

Holy Cities Like Ayodhya, Varanasi Attracting Big Retail Brands: Report

A Big Relief For Byjus's: NCLT Rejects Investor Plea To Stay Byju's Rights Issue EGM On March 29...

A Big Relief For Byjus's: NCLT Rejects Investor Plea To Stay Byju's Rights Issue EGM On March 29...