- Upgrading Nano to BS-VI spec to be a costly affair
- Poor sales since the last few years
At the recently held 73rd annual general meeting of Tata Motors, the company indicated at its plans to stop the production of its most affordable car, the Nano. At the meeting, N Chandrasekaran, Chairman, Tata Motors, revealed that upgrading the Nano to Bharat Stage VI (BS-VI) will be a costly affair, thereby hinting at plans to end the journey of the struggling model. The company had sold a total of 65 units between April-June 2018, of which only three units were sold in June with just one unit produced. In July, the company however managed to produce 50 units at its Sanand facility in Gujarat.
Moreover, to upgrade the Nano as per the new crash norms that is likely to come into effect on 1 October 2019 will be an expensive affair. Along with the plans of discontinuing the Nano, the company is also planning on working on two new modular platforms, namely the ALFA and OMEGA, for its future models.
Tata has been selling the Nano for a decade now, however it has been witnessing low sales for a very long time. The company has also phased out older cars like the Indica and the Indigo in the country while other products like the Safari, Zest and the Bolt have also been witnessing a considerable decline in demand. On the bright side, newer cars like the Tiago and the Nexon have been generating good numbers and attracting potential new buyers to the brand.