Nano Set To Roll

One lakh applications selected for the one lakh rupee car.Tata Motors has announced that it has completed the task of selecting the first 100,000 owners of the Tata Nano. Having to choose from the list of a little more than two lakh applications, the first batch of customers were chosen through a random computerized process. While 67% of the applicants decided to go ahead with the option of awaiting the delivery of the car even if they were not amongst the first 1,00,00, Tata has managed to give 55, 021 of these applicants allotments as well while the booking amounts of the remaining applicants will be returned. The company is all set to start deliveries from July 2009 and is expecting the first batch of deliveries to be done by the last quarter of 2010. The first 1,00,00 will get the Nano at its launch price on March 23 after which the 55, 021 retainees will receive their own Nanos.

Here is the long Press Release.

Tata Motors is pleased to announce that it has completed the process to select the first 100,000 owners of the Tata Nano from among the 2,06,703 final list of applicants who had booked the car. As announced at the launch on March 23, the first 100,000 owners were selected through a computerised random selection process.
The company had said that the process would be completed within 60 days of the closure of booking on April 25.

The booking process had also given the option to applicants to indicate whether they would like to retain their booking amounts with the company, even if they do not get selected among the first 100,000 allottees, and await delivery of their cars after them. 67% (137,867) applicants had chosen this option, from which a further 55,021
retainees have been made allotments. The booking amounts of the unsuccessful applicants, who had not exercised this option, are being returned.

The company will be individually informing all applicants about their status of being an allottee, retainee or an unsuccessful applicant. The details have been uploaded on www.tatanano.com . Applicants need to log on with their booking application number to know their status or contact the company appointed call centre (020 66495678).