Is it end of Tata Nano story?

So is it curtains for Tata Nano? the cheapest car, celebrated as manufacturing marvel.  Nano is still the cutest looking car, providing better interior space than Suzuki's largest selling Alto.

The news that Tata will introduce another small car next year code named Pelican, bigger than Nano but based on same platform.  Pelican will come with two different engine options 1000cc petrol and 800cc Diesel. It will compete with Alto and Hyundai Eon both selling good in Indian markets.

Pelican will share the production infrastructure at Sanand, Gujarat where a capacity of 20000 is used to manufacture only 1300 Nanos per month due to low demand.  In recent years Tata is loosing market share in India and Nano suffered the overall image along with effects of Tata Motors brand equity in auto sector.

Nissan Small Car to compete Tata Nano

Other than Bajaj-Renault small car, Nissan is also planning to introduce their low cost car on V platform. Nissan's low cost car will be launched simultaneously in India, China and Thialand.
All these cars will be direct competition to Tata Nano. Tata's obviously has the huge lead over them as the these cars will coming late to market atleast one year from launch of Nano.

The Nissan V will feature a 3-cylinder diesel or gasoline engine, just an 11-gallon (41-liter) fuel tank and highly-engineered plastic in place of less cost- and fuel-efficient steel and aluminium.

The hatchback model will be released in March 2010, with a sedan and CUV model in 2011. The car will be sold in Europe and the US in 2011, eventually reaching nearly 150 countries.