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Tata Motors to go on making Nano for some more time

Hyderabad: Tata Motors has said it would continue the production of Nano cars for some more time as the vehicle has an "emotional connect" with the Tata Group.
"Nano plays an important role in our PV (passenger vehicle) strategy because it is our only product in the entry hatchback segment, which is a very important segment from a first time buyer point of view," a Tata Motors spokesperson said in an email reply.
"We regularly review our product strategy and will certainly give an update in the months to come. Till that time, we continue to produce Nano catering to customer demand in key markets," the spokesperson said. There have been discussions lately with regard to the future of Tata Nano, which was the brainchild of chairman emeritus Tata Sons, Ratan Tata.
"There have been a lot of discussions around the future of Nano and the emotional connect with the vehicle, leading to several conclusions. No decision has been taken on Nano yet as this cannot be done in isolation. Decisions regarding any product will be taken in context of the entire Passenger Vehicle Strategy," the official said.
Meanwhile, Mayank Pareek president passenger vehicle business unit, Tata Motors, said that by the end of next year, the company's aim is to be among the top 3 PV players in the domestic market.
Pareek was in the city on Monday to launch Tata Motors latest SUV Nexon.
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