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Tata Nano to hit dealer networks in February 2009

autoguruindia autoguruindia
New User | Posts: 5 | Joined: 02/09
Posted: 02/23/09
03:27 AM

The much talked about and delayed Tata Nano, in the ‘base’ and ‘fully loaded’ versions is ready to hit dealer networks by February end, this year. Tata Motors plans to throw an additional $435 million for the production of Tata Nano to nail down the production timeline.

Tata Nano

Tata Motors would be doubling its investments for the project. The company is strongly supported by the government which is allowing it to buy land in eight yearly installments, beginning post production.

Tata Cars India is anticipating the existing plants to produce about 7000 vehicles by the end of March. The production is likely to be scaled up to 80,000 over the next year. The automaker is hopeful of achieving the previously set target of 150,000 Tata Nano cars if the new factory opens in the first quarter of 2010-2011.

The protests in West Bengal delayed the previous launch of Tata Nano which was slated for October 2008.The new plant in Sanand in Gujarat will roll out the much awaited Nano shortly.

Source: News  

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