Nano to be 2nd best selling car of India by FY 2011: According to JD Power

Tata Nano

Tata Nano is projected to be India’s second best selling car by 2011. According to a report by JD Power, Nano will replace Hyundai’s i10, which is slated to take the second position in 2010 after Maruti Suzuki’s Alto. Tata Motor’s Indica will be the third best seller this year.

“…The Nano is projected to hold the number two spot in 2011 after Tata ramps up production,” JD Power Asia Pacific Forecasting Senior Market Analysts Marvin Zhu and Ammar Master said in a joint article.

“By 2017, we think the top three models will be the Alto, Nano and Maruti Suzuki Wagon R,” it said.

Tata Motors had launched the Nano, touted as the world’s cheapest car, in 2009 and is currently delivering the first lot of one lakh cars to the customers. It produces the car from Sanand in Gujarat and the facility has an installed capacity to produce 2.5 lakh units annually.

News courtesy: Business Standard

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