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Saturday, April 25, 2015

Nano launch delayed until after first-time car scheme


Tata Motors will delay selling the Nano in Thailand until after the first-time car buyer programme expires, said an industry source.

The introduction of the Nano _ by some estimates the world's cheapest car _ was previously set for early this year but was postponed in light of the influx of eco-cars being offered by Japanese carmakers in Thailand.

The first-time car buyer programme, which rebates taxes paid by first-time buyers purchasing certain types of automobiles, further weakened the competitive position of the Nano.

Read full story here at Bangkok Post.