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Saturday, August 14, 2010

Reason Behind The Sky-Jump of Tata Motors Stocks

The world's cheapest car will soon be available with you having to form a queue. We are talking about Tata's Nano. Currently the waiting time to get a car from the date of booking ranges anywhere between one to five months. The reason - constraints in production. Orders for the Nano have been pouring in and the company has been trying to meet them. But as of now there are still 1.5 lakh bookings waiting to receive the car. The company has started to step up production at the Gujarat factory and is aiming to do away with the entire booking period. Soon a customer will be able to go to a Tata showroom and drive out in the Nano on the very same day. This would be rolled out from Maharashtra and will soon follow in other states. 

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