Tata Nano World’s Cheapest Car Won’t Help Pay Debt (Update3)
March 23 (Bloomberg) — Ratan Tata, chairman of Tata Motors Ltd., is having trouble trading up from his 100,000 rupee ($2,000) car to a new stable of Land Rovers and Jaguars.
Tata Motors will start taking deposits for the Nano, the world’s cheapest car, next month after a failed effort to build a new factory for [...]