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Tata Motors defends strategy for Rs 1 lakh Nano car

Tata Motors defends strategy for Rs 1 lakh Nano car

Tata Motors, part of India`s Tata group, defended its strategy for producing the $1,500 Nano but shied away from commenting on the loss-making car`s future, after the conglomerate`s ousted chairman said there were emotional reasons for not shutting down production.

Tata Motors says Nano investment significantly wrote off development cost, investments

Days after ousted Tata Sons chairman Cyrus Mistry blamed Nano for bleeding Tata Motors, the company on Friday said it has significantly written off development cost and investments related to the car and is now refocusing its strategy on "growing and attractive segments" of the passenger vehicles market.

Nano a failure from day one, Cyrus Mistry can't be held responsible: Tata Motors Director

Nano a failure from day one, Cyrus Mistry can't be held responsible: Tata Motors Director

According to the director, Tata Nano was a failure from day one and never made any money but has lost between Rs 6,000 crore and Rs 7,000 crore since its launch.

Ratan Tata needs to be lauded for making Nano: Maruti Chairman

Ratan Tata needs to be lauded for making Nano: Maruti Chairman

Auto industry veteran and Maruti Suzuki India Chairman RC Bhargava on Thursday said Ratan Tata needs to be given credit for attempting to offer an affordable car to the masses through Nano, which ousted Tata Sons Chairman Cyrus Mistry wanted to shut down due to mounting losses.

Will study SC judgement on Singur in details: Tata Motors

Will study SC judgement on Singur in details: Tata Motors

The Supreme Court division bench headed by Justices Arun Mishra and V Gopala Gowda said that land acquisition process for Tata Motors at Singur was faulty and did not fall within the purview of public purpose.

Fire breaks out at Tata Nano plant in Sanand, Gujarat; no casualties reported

Fire breaks out at Tata Nano plant in Sanand, Gujarat; no casualties reported

A fire broke out at the Tata Nano's vendor part in Sanand, Gujarat Thursday afternoon where 12 fire tenders are reported to have been rushed.

Next generation Tata Nano spied: Check out new interior

Next generation Tata Nano spied: Check out new interior

The next generation Nano could get the internal nomenclature "Pelican" which was originally given to the Tata Ace Zip.

Nano was made to reach out to people, but never has: Ratan Tata

He said that the biggest mistake was getting the car branded as cheapest rather than most affordable.

Tata Nano GenX launched at Rs 1.99 lakh

The GenX Nano comes with a starting price of Rs 1.99 lakh for the XE variant and goes up to Rs 2.49 lakh, for the XT variant, in manual transmission.

Tata Motors puts diesel Nano plan on back burner

Tata Motors will not be driving in a diesel engine powered Nano in the near future owing to issues related to "refinement and economics".

Not phasing out Nano, new initiatives to push sales: Tata Motors

Not phasing out Nano, new initiatives to push sales: Tata Motors

After failing to meet high expectations with its small car Nano, Tata Motors is planning several initiatives, including introducing an automatic gear shift version, to revive sales.

Is it the end of the road for Tata Nano?

Is it the end of the road for Tata Nano?

Mistry has warned that he may be forced to shut down the project if sales do not revive in next 2 years, sources added.

Carzonrent, Tata Motors pact: Rent a Nano at just Rs 399/day

Car rental firm Carzonrent and Tata Motors have inked a pact to launch an initiative in the Delhi/NCR region, under which customers would be able to hire a Tata Nano car for self drive at just Rs 399 per day.

Tata Nano to be revamped, relaunched in 2015

One of the much hyped low cost cars in the history of automobiles is set to be revamped and relaunched next year. The Tata Nano will be relaunched as a smart city car after the project's revival in 2015. In recent years Tata is experiencing from lower sales of the model.

Shifting from Singur gave us a high negative cost: Tata

Tata, who took the decision to shift the Nano plant from Singur in 2008, was the chairman of Tata Sons then and retired two years back.

Tata Motors sales down 34% in January

Tata Motors on Saturday reported a 34 percent decline in total vehicle sales to 40,481 units in January.

Marketing Nano as world's cheapest car was a mistake: Ratan Tata

The car was launched in March 2009 with an initial ex-factory price tag of close to Rs one lakh.

Masaba adds quirky touch to Tata Nano

Young designer Masaba Gupta is looking forward to unveiling her quirky version of the Tata Nano on the opening day of the Wills Lifestyle India Fashion Week (WIFW), starting Oct 9.

Tata Motors to launch diesel Nano car by end of March

Launched to great fanfare in 2009 as the world's cheapest car, the Nano has been dogged by poor sales, which slumped 27 percent in the company's financial year that ended on March 31.

Tata Motors to go ahead with investment of Rs 3000 crore

Home grown auto major Tata Motors will go ahead with its planned investment of Rs 3,000 crore in the current financial year despite a economic slowdown to support growth in future.