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Ratan Tata hopes to restart Nano sales after fiery start [w/video]

by Chris Tutor (RSS feed) on Aug 24th, 2012 at 9:15AM

When India's Tata introduced the Nano in 2009 at about $2,500, it was a hot seller. It was expected to set the world on fire with demand for cheap wheels. In fact, a year after its rollout, the Nano almost did set the world on fire after at least three units burned to a crisp. Sales plummeted to a record low of 509 in November, 2010. Tata Chairman Ratan Tata has run the company for 20 years and plans to retire at the end of this year. But before he leaves the company, he hopes to revive sales of the little car he helped develop. "The Nano is something I would love to make successful... Read More

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