The time lag between booking and delivery of the Nano is leading to a few cancellations in Punjab.
"Several customers who were selected for the delivery of the Nano earlier are getting their orders cancelled saying they cannot wait for months to get their car," Rajan Katyal of Garyson Motors, a dealer of Tata Motors in Ludhiana said.
So far, 10 customers have cancelled their bookings for the Nano, Garyson Motors said.
"Almost 5 to 8 of our customers have cancelled their bookings who were scheduled to get the delivery in the mid of next year," Chandigarh-based Tata Motors dealer Joshi Auto zone's Sales Manager Gaurav Mishra said "I always wanted to own the Nano, which carries a price tag of Rs 1 lakh...That is why I have booked the car...But when I came to know through the allotment letter that the car will be delivered by February 2010... I decided to cancel the booking as I cannot wait for such a long time to own the car," said Janak Raj Sachdeva of Ludhiana.
Sachdeva has even agreed to forego the interest portion, which he had to bear after getting the car financed.
Dada Motors' Managing Director Rishi Dada, however, said that not everybody is withdrawing their applications, "but a few are because of the long gap between booking and delivery".
In addition to it, some of the customers whose names did not figure in the list of the first 100,000 allottees are also not in favour of retaining their applications, he said
Tata Motors had announced the selection of the first 100,000 owners of the Nano out of over 2 lakh applications.
The delivery of the vehicle has started from July and the first 100,000 deliveries are expected to be completed by the last quarter of 2010.
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