Tata's U$2500 car

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Post Tue May 26, 2009 6:14 am

I haven't driven the Smart, neither the task of comparing Nano to others was assigned to me. Give me a week and I will try my best to get more info on it. Next weekend, I'm going for Rotax racing (Indian National Level competition) so busy with that. :)
Racing cars are neither beautiful nor ugly, they are beautiful only when you win races.
Joined: 5 Mar 2007

Post Tue May 26, 2009 7:24 am

The start of Nano sales is delayed until July 2009. http://news.bbc.co.uk/2/hi/business/7957671.stm

They expect to produce few models during its first year, only 50.000 cars.

"Even if Tata can sell 250,000 models a year, it will add only 3% to the firm's revenues... In addition, Tata is struggling to refinance the remaining £2bn of its £3bn loan it took out to buy the Jaguar and Land Rover brands from Ford in June of last year."

Ay, caramba.
Ciro Pabón
Joined: 10 May 2005


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