Tata to refund Nano form money to dealers

Tata to refund Nano form money to dealers

Tata Motors is said to be offering refunds to dealers who failed to sell all the forms they had purchased for Nano bookings.

Tata Nano made big news all over the world. And dealers were expecting massive bookings from potential customers.

However, most dealers failed to sell all the forms they purchased from Tata.

Sources say that Tata sold the forms to dealers for Rs. 250. The forms were sold in the market for around Rs. 300.

Tata had earlier stated that the form money would not be refunded. However, the company is said to be refunding the money to prevent a backlash from their dealers.

Tata Motors has declined to comment on these reports in the media.