Tata Nano stopped their manufacturing for consecutively 3 months , no sales in last month
- Posted 6 years ago
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According to an
official filing, the company did not sell even a single piece of the small car
in march.
NEW DELHI: For
the consecutively third month Tata Motors did not make single unit of its entry level small
car Nano in March, enhancing the unpredictability over the future of the
vehicle once dubbed as 'people's car'.
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According to an official filing, the company said that it did not sell
even a single piece of the small car last month.
In March the production and sales of Nano
was nil. Last year in the same month the company had manufactured 31 units of
Nano and sold 29 units, Tata Motors said in a BSE filing.
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In February
Tata Motors also confirmed that there was no production of Nano in spite of the
fact that it sold just one unit in the local market during the month. There was
no export either.
Similarly, in January this year too, Tata Motors
had reported zero production and sales of the Nano.
Tata Motors
has also confirmed that no decision has been made yet on the future of Nano,
although in its current form it will not meet the new safety and emission norms
and may need introduction of fresh investments.
"Decision on goods life cycle is an
integrated view taken after considering the market developments, regulations
and emerging competitive landscape. Any such decisions are reported as and when
it's taken," the spokesperson added.
Additionally, the spokesperson said,
"Production planning of a car is a responsive management of demand, system
inventory and planned efficiencies. Therefore, speculating on the fate of a car
based on a month's production figure is something the company would not like to
participate in."
Company officials had earlier reported that production
and sales of the Nano would stop from April 2020 as Tata Motors has no plans to
invest further on Ratan Tata's dream car to meet strict emission norm under
BS-VI and other upcoming safety regulations.