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Mr. Ratan N. Tata, Chairman of the Tata Group and Tata Motors, today unveiled the Tata ‘NANO’, the People’s Car from Tata Motors that India and the world have been looking forward to.What is Tata Motors known for?
It is a $35 billion association with a broad scope of commercial, defense, and passenger vehicles in its portfolio. Tata Motors zealously builds cutting-edge, upscale, and incredible vehicle exteriors from the first look. Tata produced the Nano from 2008 to 2018. Tata expected to sell about a quarter-million units of the car per year.Will Tata Nano kill the second hand car market?
The whole Tata motors team got completely shocked. They themselves destroy their product. There was a buzz in the international media. That in case if it gets successful than 2nd hand market will come to an end. But nothing happens and unfortunately, tata nano gets competition from 2nd hand cars.Is there a fire scare for Tata Nano in India?
According to “A Fire scare for Tata Motor’s low-cost Nano” (2009), the whole situation has been treated differently by Indians. The owners of Nano are scared of driving the car. The customers are now demanding their money back from Tata Motor.