NEW DELHI: Tata Motors did not produce a single unit of its entry-level car Nano in 2019 although it sold just one unit in February even as the company is yet to officially retire Ratan Tata’s “people’s car”.
According to a regulatory filing by the company, Tata Motors had zero production and sales of the Nano in December 2019 while it produced 82 units and sold 88 units in December 2018.
Similarly, 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, according to the filing, 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”.
It has, however, admitted that in its current form the Nano will not meet the new safety regulations and BS-VI emission norms. Tata Motors had unveiled Nano in January 2008 at the Auto Expo with much expectations of being “the people’s car”, as dubbed by the then Tata group chief Ratan Tata. However, it could not live up to the billing with sales dwindling over the years.
On the issue of discontinuing the Nano, the company has been insisting that “decisions on product life cycle is a holistic view taken after considering the market developments, regulations and emerging competitive landscape. Any such decisions are announced as and when it’s taken”.
Company officials had, however, hinted that production and sales of the Nano would stop from April 2020 as Tata Motors has no plans to invest further.