Nano to lose Rs1 lakh price tag
Tata Motors has finally decided to take off the Rs1lakh price tag from Nano. Tata will raise the prices of Nano by up to 4%. However the price hike will come into effect only after the completion of delivery of 1 lakh vehicles. Despite a steep increase in input prices, their (retainee-customers) Tata Nanos are being priced only three- four per cent higher, depending on the model, than the price announced at launch,” the company said in a statement. “This is the final step, before the company opens up sales of the Tata Nano,” it added.