Tuesday, December 7, 2010

Tata Nano sales nose-dive (IN)

November saw sales of the world’s cheapest car, the Nano, plunge 85% year-on-year, Tata has said. In contrast with 2009’s figure, Tata is holding customer’s responsible, since they have difficulty obtaining loans. Nonetheless, analysts have stated that the Nano’s well known issue with catching fire and price hike had something to do with it. Tata has reacted to the Nano’s fire problems buy

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