Nano created a huge uproar in the auto world when it got showcased in 2008 and finally launched in 2009. But somehow, sale numbers didn't match the hype and excitement surrounding it. This was primarily because of 3 reasons:
A possible turnaround of the fortunes of Nano is looking more bright now for the following 3 reasons:
For more details on the car, you may refer to their website: www.tatanano.com/
- Nano was portrayed as the cheapest car. And somehow this tagline didn't work.Indian public wanted to stay away from the "cheapest" car.
- Nano, as a product, was expected to take the non-metro cities by storm. But the company's promotion was focussed on metro cities. So, Ratan Tata's dream of few 2 wheeler customers converting to Nano customers never really happened.
- The few "fire" instances were not handled well by the company's PR division. Which car does not catch fire! But the company should have managed the media.
A possible turnaround of the fortunes of Nano is looking more bright now for the following 3 reasons:
- Nano is being portrayed as a value for money car. This, in my sense, is the right feature to showcase
- Nano specific salespoints are coming up and the company is venturing more into the smaller cities
- The quality has been beefed up considerably.
For more details on the car, you may refer to their website: www.tatanano.com/