1.30 (0.38%) Pressurized by slowdown of automobile market in India, Tata Motors has sold just 948 units of its Nano- the People’s car in April this year, down by 88% as compared to 8,028 units sold in April last year.
The company witnessed a fall of 27.75% in Nano’s sales numbers last fiscal at 53,848 units in FY13 as compared to 74,527 units in 2011-12. In the last fiscal, the company exported just 166 units of the Nano compared to 3,462 units in the previous financial year, down 95.21%.
Meanwhile, Tata Motors registered a fall of 14.85% in its total vehicle sales at 51,160 units in April 2013, as against 60,086 units sold in the same month last year.