Tata Nano

The Tata Nano is a city car/microcar manufactured and marketed by Indian automaker Tata Motors from 2008 to 2018. It was primarily sold in India as an inexpensive economy car for motorcycle and scooter riders — with a launch price of ₹100,000 (US$2,500) on 10 January 2008. The Nano has a rear-engine, rear-wheel-drive layout and was initially produced as a four-door saloon car with no rear cargo opening, with a five-door hatchback version introduced in 2015. Tata Motors projected production figures of 250,000 annually at launch. This was not achieved, and various factors led to a decline in sales volume, including delays during the factory relocation from Singur to Sanand, early instances of the Nano catching fire and the perception that the Nano was unsafe and lacked quality from its aggressive cost cutting. Actual sales reached 7,591 for model year 2016-2017. The project lost money, as confirmed by former Tata Sons chairman Cyrus Mistry and by 2017 Tata Motors management. In 2017, Tata Motors said manufacturing would continue due to the company's emotional commitment to the project. Production was eventually halted in May 2018. The Sanand Plant subsequently manufactured other hatchbacks, including the Tiago and Tigor.