India's biggest car show in Delhi, Auto Expo, saw the launch of Nano, the Rs. 100,000/$2500/£1,277 car made by the Indian firm Tata Motors. The price will be slightly more than the 100,000 once tax and other costs are taken into consideration.
Now this family will be able to purchase the Nano and travel safely in all weather conditions and add to the congestion, pollution and unsafe driving on the Indian roads. Though the Tatas insist the car had passed emission standards and would average about 50 miles to the gallon, or 20 kilometres to the litre.
The four-door five-seater car, which goes on sale later this year, has a 33bhp, 624cc, engine at the rear. It has no air conditioning, no electric windows and no power steering, but two deluxe models will be on offer.
Tata will initially make about 250,000 Nanos and expects eventual annual demand of one million cars. Not sure if the one million cars refers to merely the domestic market in India, but if a car in this segment expects to be successful, it needs to reach out to other developing markets, China, Africa maybe even Latin America.
Source: BBC News.