Tata Nano’s Probable Price Hike

The first one lakh customers chosen by lucky draw by Tata Motors were truly lucky to own Nano at a price tag of Rs. 1 lakh. Now the car is speculated to lose its much hyped One-Lakh price tag that makes it as the “world’s cheapest car.” However, Tata Motors struggles to keep the costs under check as prices cost of raw materials and labour continue to escalate continuously. Moreover, the government has imposed new taxes and rolled back its earlier exemptions as well.

Tata Motors like other car manufacturers in India continues to face price hikes such as 25 percent hike in steel, labour problems, rubber tyres as well as shortage of car accessories which cause production delays as well as rise in production costs.

Tata Motors had earlier stated that it will deliver its first one lakh cars at the promised price but the company spokesperson refuses to confirm about continuation of the existing prices.

So far 26,500 Tata Nano have been delivered that are currently being produced at Tata Motors’ Pantnagar plant in Uttrakhand. Tata Motors’s mother plant for Tata Nano begins production in April 2010 when it rolls out its first batch of Tata Nano. The plant is near completion in Gujarat as it was shifted from Singur in West Bengal last year.

• Tata Motors plans-up to market small car Nano differently for different age groups           January 23, 2012
• Auto Expo 2012: Details and Images of 2012 Tata Safari Storme – Tata Safari Refreshed           January 21, 2012
• Auto Expo 2012: Details and Images of 2012 Tata Pixel           January 21, 2012
• Tata Motors forecasts sluggish growth till the first half of the next FY           January 21, 2012
• Kinetic to bring out new gearboxes in the market soon           January 20, 2012
• Kinetic to set-up assembly plant in Sanand to supply components for Tata Nano           January 18, 2012
• Tata Technologies exhibits its eMO electric vehicle at NAIAS           January 17, 2012
• Tata Motors Group registers global wholesales of 114,920 in the month of December           January 17, 2012
• Tata exhibits its $20000 electric car concept at Detroit Auto Show           January 13, 2012
• Delhi Auto Expo 2012 witness the showcase of Tata Motors' 3 new vehicles           January 10, 2012
• Auto Expo 2012: Tata Nano CNG coming soon!           January 07, 2012
• Tata Motors to expand footprints in Myanmar           January 07, 2012
• Tata Safari Storm to be unveiled at 2012 Delhi Auto Expo           January 04, 2012
• Tata Motors registers sales surge of 22 percent in December           January 02, 2012
• Tata’s Rapid Resolution Team to boost sales of Aria           January 02, 2012