Tata Nano may have marginal impact: Maruti

The country's largest car maker, Maruti Suzuki India, today said that "Tata Nano" may have a marginal impact on the sales of its entry level small car Maruti 800 but ruled out cutting its price.

"It (Nano) may have a marginal impact on the Maruti 800 segment, but we don't have any plan to cut its price or enter Nano segment," Maruti Suzuki India Chairman R C Bhargava told reporters here on the sidelines of CII annual session.

Asked what plans the company has chalked out to counter competition from Nano, he said,"Nano is in the different segment and we are in a different segment".

He, however, said Nano will help in expanding the market.

Asked about the sales performance of the company, he said, "The ongoing quarter have been good" but declined to forecast saying, issues like election, policies of the new government, interest rates and commodity prices would have to be factored.