#195 Tata to launch Nano Car(Diesel)

Tata Motors will launch a diesel-powered version of its ultra-cheap Nano by the end of March 2014, its managing director said, hoping to kick-start demand for the model after years of disappointing sales.

Launched to great fanfare in 2009 as the world's cheapest car, the Nano has been dogged by poor sales, which slumped 27 percent in the company's financial year that ended on March 31.

Asked when the diesel-powered Nano would go on sale, Karl Slym told Reuters on Wednesday,"The diesel Nano is still  ahead, but not launched yet.This financial year".

The Nano contributed about a quarter of the company's sales volumes in the last financial year.