Don’t miss the latest developments in business and finance.

Nano booking rush beyond official deadline

Image
Swaraj Baggonkar Mumbai
Last Updated : Jan 19 2013 | 11:37 PM IST

Even after people rushed to various centres to book the Nano on Saturday, the last official day for doing so, dealers undertook bookings on Sunday and today, breaching the time-line set by Tata Motors.

A couple of dealers in Mumbai and one in Goa said application forms for the Nano were being accepted for the full day yesterday and till afternoon today. However a Tata Motors directive later asked all dealers to halt.

“We were accepting fresh bookings till noon today and yesterday, however, only outright purchases were considered. Finance was not available as banks had stopped their process on Saturday itself,” said an executive from Wasan Motors in Mumbai.

Similarly, Vistar Motors, based in Margao, Goa, said it accepted bookings today for a few hours till noon and also on Saturday beyond 6pm, their official closing time.

Sales executives working with Fortune Cars, a Tata Motors dealership in Mumbai, also undertook bookings till Sunday. However, no bookings were accepted today.

When spoken to, the spokesperson of Tata Motors said, “Bookings had closed on April 25 itself. Some people submitted today documents which they were not able to file earlier. No new fresh bookings were accepted today.”

More From This Section

Most popular booking centres, including Tata dealerships, saw the highest inflow of applications on the final day.

According to an official announcement by Tata Motors at the time of launching the Nano, bookings were to commence on April 9 and conclude on April 25 for the first batch of 100,000 units of the car.

The company will disclose the total bookings before the end of the week.

Also Read

First Published: Apr 28 2009 | 12:33 AM IST

Next Story