Tata Motors will offer 90 per cent loans for customers, following poor Nano sales in November
16 December 2010

Tata Motors has announced that it will offer 90 per cent loans for Nano buyers in India, a move prompted by sales of the world’s cheapest car falling by 85 per cent year-on-year in November.

The 90 per cent loan can be fast-tracked to customers within 48-hours, and is hoped will boost sales; November’s deficit was blamed on difficulties faced in receiving loans by buyers.

Read more on Tata's November sales slump

Tata’s finance offer follows closely on from the firm’s announcement of a four-year warranty on the Nano and a maintenance contract option for 99 rupees (approximately £1.30) a month.

See all the latest Tata reviews, news and video

Join the debate


16 December 2010

Surely a BOGOF offer would boost sales. That's what Tesco would do.

16 December 2010

So should I go and ask the local Jag and Land Rover Dealers if they can offer the same?? Hmm, new XJ and RR Sport please!

To live is to drive

16 December 2010

It's presumably better engineered and better built than either a Jaguar or a Land Rover, if the company's not going to take a bath on its £1.30 a month service plan - or does Tata just give you another and throw the first one away if it develops a fault or niggle?

17 December 2010

[quote Uncle Mellow]Surely a BOGOF offer would boost sales.[/quote]

Excellent. You are always good for a larf!

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Jaguar XF Sportbrake TDV6
    First Drive
    19 October 2017
    The handsome Jaguar XF Sportbrake exhibits all the hallmarks that makes the saloon great, and with the silky smooth diesel V6 makes it a compelling choice
  • Volkswagen T-Roc TDI
    First Drive
    19 October 2017
    Volkswagen's new compact crossover has the looks, the engineering and the build quality to be a resounding success, but not with this diesel engine
  • BMW M550i
    First Drive
    19 October 2017
    The all-paw M550i is a fast, effortless mile-muncher, but there's a reason why it won't be sold in the UK
  • Volvo V90
    First Drive
    19 October 2017
    The Volvo V90 is a big estate ploughing its own furrow. We’re about to see if it is refreshing or misguided
  • Kia Stonic
    First Drive
    18 October 2017
    Handsome entrant into the bulging small crossover market has a strong engine and agile handling, but isn’t as comfortable or complete as rivals