Tata Signals Pricier Nano After World’s Cheapest Tag Flops

Tata Signals Pricier Nano After World’s Cheapest Tag Flops

Adeel Halim/Bloomberg

A Tata Motors Ltd. Nano automobile is parked in front of a building in Mumbai. “The Nano is a failure and they need a radically new model,” Deepesh Rathore, the Indian managing director of IHS Automotive, said. “Making small changes is just throwing good money after bad.”