Tata Nano ends 2019 with zero production
2020-01-07In a report, Tata Motors is set to announce its plans to shelve the Tata Nano as it did not produce a single unit of its entry-level car in 2019 although it sold just one unit in February. According to a regulatory filing by the company, Tata Motors had zero production and sales of its Nano in December 2019 while it produced 82 units and sold 88 units in December 2018.
In November 2019 there was zero production and sales of the entry-level model, whereas in the year-ago period it produced 66 units and sold 77 units. In October 2019 also it did not produce or sell any unit of the Nano while in the year-ago month it rolled out 71 units while selling 54 units. In the first nine months of 2019 also Tata Motors did not produce a single unit of Nano.
The company did not sell a single unit in any month last year except February when it sold just one, according to several regulatory filings by the company.
Tata Motors has so far been maintaining that no decision has been made yet on the future of the Nano, saying production planning of a car is a conscious management of demand, system inventory and planned efficiencies.
The company has admitted that in its current form the Nano will not meet the new safety regulations and BS-VI emission norms.
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