The first of Tata Motors' Nano will be handed over to its first customer later today (17 July).
The keys of the first Nano will be handed over by the chairman of Tata Sons and Tata Motors, Ratan N Tata, at the OEM's dealership in Prabhadevi, Mumbai.
Following this, the first 100,000 cars will be delivered in phases to customers across the country who were selected through a lottery. The first 100,000 customers are price-protected, and will get the car for Rs100,000 (US$2,054), excluding taxes. Delivery of this first batch of cars is scheduled to be completed by the last quarter of 2010.
In all, a total of around 206,000 bookings were received for the Nano. An approximate breakdown of bookings for specific models revealed that 20% went towards the Nano Standard, 30% for the mid-range CX version, while 50% of the bookings were for the top-end Nano LX.
The OEM currently produces the Nano at its plant in Pantnagar, till its new plant in Sanand, Gujarat, comes on stream in December. The Pantnagar production line has output capacity of not more than 50,000upa. However, with start of production in Sanand, Tata Motors' capacity for build of the Nano is expected to rise to 250,000 units.
Showing posts with label delevery date. Show all posts
Showing posts with label delevery date. Show all posts
Tata to Announce 1 Million Reservations for Nano in India
Tata Motors Ltd., the largest manufacturer of trucks in India and innovator of the soon-to-be available Tata Nano, is set announce the number of reservations it has received the world's cheapest car.
According to newspaper reports, the Tata may have received as many as one million orders for the estimated $2,000 vehicle. The official announcement is expected April 28.
Tata allowed reservations for the Tata between April 9-25. Orders won't be completed for more than a year and the automaker is guaranteeing the initial price of the car for only the first 10,000 vehicles sold.
Conceived in 2003, discussed for several years and six months delayed from its originally scheduled debut, the Tata Nano specifications are unique: It's a four-door, five-seat, 10-foot automobile with a 2-cylinder, 33-horsepower, 624cc engine.
It will have a five-speed (four forward) manual transmission. Buyers are first expected to take delivery in July.
Priced at 100,000 rupees (approximately $1,950), the base model Nano is available in red, yellow and silver and does not include airbags, air conditioning or power steering.
According to newspaper reports, the Tata may have received as many as one million orders for the estimated $2,000 vehicle. The official announcement is expected April 28.
Tata allowed reservations for the Tata between April 9-25. Orders won't be completed for more than a year and the automaker is guaranteeing the initial price of the car for only the first 10,000 vehicles sold.
Conceived in 2003, discussed for several years and six months delayed from its originally scheduled debut, the Tata Nano specifications are unique: It's a four-door, five-seat, 10-foot automobile with a 2-cylinder, 33-horsepower, 624cc engine.
It will have a five-speed (four forward) manual transmission. Buyers are first expected to take delivery in July.
Priced at 100,000 rupees (approximately $1,950), the base model Nano is available in red, yellow and silver and does not include airbags, air conditioning or power steering.
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