Honda has no plans to chase Tata Nano.

• According to the major Japanese auto giant car manufacturer Honda India and China are the promising automobile market for cars.
• According to Honda, the market would improve only on introduction of the small cars.
• Honda also confirmed that they woild not be intereated in manufacturing low cost madel of cars like Tata Nano which is already chased by auto makers like Hyundai, Renault Nissan alliance and GM.