Showing posts with label Booking delivery. Show all posts
Showing posts with label Booking delivery. Show all posts

A cobbler form Mumbai gets Nano

Maruti Bhandari, the celebrated Mumbai cobbler who booked the top-end Tata Nano by paying a cheque of Rs 1.4 lakh in April, is one of the one lakh allottees of the car.

“I am absolutely elated. It is a moment of pride,” he said on a day when television channels were trying to interview him.

Bhandari, who lives in a Mumbai suburb, had been saving money to buy a motorcycle. However, the idea of an inexpensive people’s car caught his fancy and he ended up zeroing in on the Nano.

He paid the entire booking amount from his savings at the Concorde outlet, a Tata Motors’ showroom in the city. Bhandari is expected to get the car within a few weeks when deliveries begin.

The Nano was designed for people like him who could afford the car and fulfil an aspiration in the process. “Mera family ko ghumane le jaunga (I will take my family around),” he said.

Bhandari lives in a small home with his wife and two sons. “Buying the Nano is a dream comes true,” he said. Asked if he was concerned about the imminent petrol price hike, he replied, “Yes, but we have to somehow run the car.”

Tata Nano delivery to start next month

Tata Motors has completed random selection of the first 100,000 applicants who would buy the Nano small car in the first phase and that delivery will begin next month.

"Tata Motors once again places on record its gratitude to the people of India for according such a warm welcome to the Tata Nano, as also to all its preferred financiers, dealers and partner companies for their stupendous effort in helping the company launch the Tata Nano," the company said in a statement.

The selection was made through a random computerised process after bookings closed on April 25.

About two lakh bookings, which began April 9, were made across Tata Motors dealerships and State Bank of India (SBI) branches. This was, however, much lower than what was expected.

The selected applicants will be contacted individually, the statement said, adding that delivery will begin next month and continue till the last quarter of 2010.

India's third largest passenger car maker said 55,021 applicants out of the 106,703 not selected in the first phase had exercised the option to retain their booking.

They will be given preferential allotment in the second phase.

Additionally, they will be entitled to an interest of 8.5 per cent on the booking amount if the car is delivered within two years (June 23, 2011), and 8.75 per cent after that date. The booking amounts of the unsuccessful applicants shall be returned, the statement added.

The company will also be offering the unsuccessful applicants "an exciting offer on the Tata Indica range", the statement read.