Unsold Nano forms' amount to be refunded

Tata Motors would refund the amount of unsold Nano forms. Sources said the denied to pay back the amount earlier. It is to be mentioned here that in view of wide publicity and customer curiosity, the dealers bought around 2,000 to 3,000 forms priced at Rs 250 each. But it was informed that only 30-35 per cent forms could be sold. The reason behind the low booking was confusion over the procedure, unavailability of test drives and uncertainty over delivery schedules and it forced customers to stay out of the booking process. Dealers said that they approached the company and demanded to refund the unsold forms' amount. Lastly it was decided to pay back the amount. However, Tata Motors spokesperson denied to comment on the news and termed it as an internal matter of company.

Read More on : 2013 Tata Nano