Tata Group Chairman, Ratan Tata, poses with the company's new Nano car during its launch at the 9th Auto Expo in New Delhi on January 10.
Around 15 per cent of the 2.07 lakh customers who had booked Nanos have cancelled their bookings, car dealers reveal. Delivery is taking too long and the customers are not prepared to wait.
When Tata Motors’ Nano was launched in March, crowds thronged to showrooms to catch a glimpse of
the Rs 1 lakh car.
Of the 2.07 lakh initial applicants, 1 lakh were chosen by random selection — to whom Nanos would be delivered first. Deliveries started in July.
“A number of those who expect to get their Nanos around March next year or later are cancelling bookings,” said Krishan Bansal, proprietor of Raghuvanshi Enterprises here.
“There are other new cars in the market for which people don’t have to wait,” said another dealer at A1 Motors. “People don’t mind shelling out a bit more to get their car immediately.”
Tata Motors said some customers cancelling bookings was not unusual. “The capacity of our Pantnagar plant is limited but we plan to deliver one lakh cars by the last quarter of 2010,” said a spokesman for the auto major.
He refused to give the exact number of cancellations.