Tata Motors gain 2500 Crore By Nano Bookings

tata nano pictureThe bookings for Nano started on April 9 and closed on April 29. Tata Motors received over 2.03 lakh bookings for Nano, garnering nearly Rs 2,500 crore in this period. The bookings were double of allotted number of cars for delivery. Fully paid bookings were nearly Rs 2,500 crore. Out of the total bookings, 70 per cent were financed and the rest on application through cash payment. About 4,000 cash bookings were made online through www.tatanano.com.

Out of the three variants of Nano, the base model Nano Standard accounted for 20 per cent, mid-range Nano Cx 30 per cent and the top end Nano Lx getting 50 percent of the booking.(ET)

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April 11, 2010 at 8:59 AM

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