Tata Nano was launched in 2008 with a price of Rs 1 lakh Image: Twitter
The dream of owning a budget car for the lower middle class Indian just received a huge blow. With only one Nano built in June this year as compared to its previous production of 275 cars during the same month last year, Tata Motors confirmed the automobile is in its “present form cannot continue beyond 2019.”
The much-touted Tata Nano, hailed as a “milestone in frugal engineering", fell short on safety, ran behind schedule and also produced questionable crash test results. After such debacles, even Ratan Tata, the brain behind the initiative, had once admitted that the company made a mistake by promoting Nano as 'the cheapest car'.
As reports emerged, hell broke loose on social media and Tweeple started blaming Prime Minister Narendra Modi for the car's fate which had envisaged to give a safer and affordable alternative to families riding two-wheelers.
The compact sized city car that sold primarily in India was initially launched in 2008 with a price of Rs 1 lakh. Issues such as factory relocation from Singur, instances of many Nanos catching fire, and the impression of the Nano being unsafe due to its low cost reportedly led to the decline in sales volume.