Business Standard

Sunday, December 22, 2024 | 11:01 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

As auto sector continues to grow, Nano's failure stands in stark contrast

The much-touted Nano - hailed as a "milestone in frugal engineering" - fell short on safety, ran behind schedule and produced questionable crash test results

Nano not to be phased out; Tata Motors to reposition it as electric vehicle
Premium

Anjani Trivedi | Bloomberg
A moment of silence, please, for the world’s cheapest car, which has all but died in India. It was almost 10 years old.

The Nano’s death was confirmed by production numbers: Tata Motors Ltd. produced 1 unit in June, down from 275 in the same month last year. Exports were zero, versus 25 in June 2017. The company acknowledged that the car in its “present form cannot continue beyond 2019.”

The expiry of the “people’s car,” as Tata Motors branded it in 2008, holds lessons for automakers hoping to make it in India: While consumers may be value-conscious, cutting costs

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in