The start of Nano sales is delayed until July 2009.
http://news.bbc.co.uk/2/hi/business/7957671.stm
They expect to produce few models during its first year, only 50.000 cars.
"Even if Tata can sell 250,000 models a year, it will add only 3% to the firm's revenues... In addition, Tata is struggling to refinance the remaining £2bn of its £3bn loan it took out to buy the Jaguar and Land Rover brands from Ford in June of last year."
Ay, caramba.
