The World’s Cheapest Car May Not Survive Another Year

[Shahzaz ud din]

The World’s Cheapest Car May Not Survive Another Year
Abhishek Saksena
Updated: July 06, 2018
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REUTERS

Company’s subsidiary Jaguar Land Rover has been the source of overall profits for the past few years. But with Brexit threatening losses to it next year, Tata Motors may not be able to hold out any longer. This will also threaten the proposed plans to sell shells of the car to a third party that wanted to sell the Nano as an electric car.

The dream of selling the world’s cheapest car may just have been a bridge too far even for Tata Motors.

 

[Water Car Engineer]

Maybe not, but their newer line ups are great..

 

[TopCat]

One idiot Bangladeshi want to bring the entire plant to Bangladesh. Tata probably sold that to him to cover the losses in the investment.
https://www.livemint.com/Companies/...ct-market-for-Tata-Nano-Nitol-Niloys-Abd.html

 

[hazzam]

this is business , why tata should bear the losses .

 

[El Sidd]

A Recession beckons for India

 

[hazzam]

A Recession beckons for India

gdp is growing more than @7 percent , 426 bn $ foreign exchange reserve , fikar nahi karne ka

 

[Fireurimagination]

Ratan Tara's dream of a car under 1 lakh was not viable then and now after so many years it's next to impossible. So, even now if somebody buys a nano for 2.5 lakhs everybody would say look the guy bought a 1 lakh ruppees car making him look like a cheapo.

 

[El Sidd]

So, even now if somebody buys a nano for 2.5 lakhs everybody would say look the guy bought a 1 lakh ruppees car making him look like

Jolly nice

 

[Fireurimagination]

Jolly nice

Unfortunately the car got labelled as poor man's car (ironically nano is not really cheap now) and somebody who is buying a car doesn't really want to be called poor, he would rather save a lakh more and buy Alto or a Kwid

 

[padamchen]

To be honest Didi killed it.

That happened when the promised 1 lac price band was breached.

Its a mental thing. It does not matter that most 180+ cc motorcycles in India now cost 1 lac plus.

Cheers, Doc

 

[El Sidd]

Unfortunately the car got labelled as poor man's car (ironically nano is not really cheap now) and somebody who is buying a car doesn't really want to be called poor, he would rather save a lakh more and buy Alto or a Kwid

Mazel tuv

 

[khanmubashir]

They should have designed it asan electric car from start perhaps experimented with lead acid batteries to keep the price down and marketed it as an eco-eco car

 

[KapitaanAli]

They should have designed it asan electric car from start perhaps experimented with lead acid batteries to keep the price down and marketed it as an eco-eco car

That would have killed it even sooner.
Should have launched it at 2 lakh with the specs that came later which made it a good car.

The only reason it's not selling now is the image.

 

[HariPrasad]

The World’s Cheapest Car May Not Survive Another Year
Abhishek Saksena
Updated: July 06, 2018
TWITTER REDDIT This Video Of People Unboxing The New OnePlus 6 With Their Mind Is Making Us Want To Try It Too428 SHARES

• 

REUTERS

Company’s subsidiary Jaguar Land Rover has been the source of overall profits for the past few years. But with Brexit threatening losses to it next year, Tata Motors may not be able to hold out any longer. This will also threaten the proposed plans to sell shells of the car to a third party that wanted to sell the Nano as an electric car.

The dream of selling the world’s cheapest car may just have been a bridge too far even for Tata Motors.

fine, it was launched a decade ago. So its time is already over. Newer version must come in and they will come.