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Tata Motors has raised nearly Rs 2,500 crore from the Nano bookings. This cash should support relieve the Tata’s finance requirements, particularly to deal with the bridge loans for buy of marquee brands JLR (Jaguar & Land Rover).
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Banks which are in deal with the Tata Motors for financing its Nano, are planning to maintain the minimum eligibility criteria, so that the low & middle salaried group remains interested to their loan schemes (for Nano only).
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Tata Nano has been certified as the topmost petrol-run car in India by the Automobile Research Institute of India (ARAI) that offers fuel efficiency of a 23.6 km/l (under std conditions).

Tata Motors has organized a cost-free summer check up operation for its all passenger cars and UVs in different metros in the country that offering cost-free check-ups, smart repair concessions, and expert suggestion on the customer problems.
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Now Nano Buyers can get loans from any bank in the country. Even though Tata Motors had signed a deal with SBI (state Bank of India) for its Nano, the buyers are allowed for other banks also.

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With a launch of Nano car just days away, Tata motors has started to make extended overdue payments to their vendors. Tata motors has joined with the SIDBI (Small Indstrl Development Bank of India) to assist them clear up their dues with the component manufacturers.
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Tata Nano’s bookings are probably to touch 5 lacs units in the beginning period of launch. The initial booking cost for Nano car, Rs.70K, has been kept high to avoid multiple bookings being made by individuals. It will make sure that that just those who are firm about buying the Nano, reserve it.

Tata Motors’ R&D team and Castrol experts have been working on a specialized fuel efficient and low cost lubricant for world’s cheapest car Nano. This low cost lubricant is likely to decrease emissions and will bring the best economy. Continue Reading »

To save its brand (Nano) against constraint in the small car industry, Tata Motors has applied for patent protection on 37 inventions & innovations linked to the cheapest car of the world, Nano. It’s also planning to apply for IPRs (Intellectual Property Rights) claims for Nano in the overseas markets.

After tie up with State Bank of India and Union Bank, Tata Motors now has tied up with State Bank of Mysore for financing schemes for its customers.
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