The Tata Nano was a compact city car manufactured and marketed by Indian automaker Tata Motors over a single generation, primarily in India, as an inexpensive rear-engined hatchback intended to appeal to current riders of motorcycles and scooters — with a launch price of ₹100,000 or US$1,300 on 10 January 2008. Tata Motors projected production figures of 250,000 annually at launch. This was not achieved, and various factors led to decline in sales volume, including delays during the factory relocation from Singur to Sanand, early instances of the Nano catching fire or the perception of the car being unsafe and lacking quality due to cost cutting. Actual sales reached 7,591 for model year 2016-2017. The project lost money, as confirmed by former Tata Sons chairman Cyrus Mistry and by 2017 Tata Motors management. In 2017, Tata Motors said manufacturing would continue due to the company's emotional commitment to the project. Production was eventually halted in May 2018. The Sanand Plant now produces other hatchbacks like Tiago and Tigor.