India's Tata Motors Ltd unveiled the cheapest car in the market. The four-seater Nano will have a dealer price of 100,000 rupees which is approximately US$2,500. Consumer price will be higher due to taxes and dealer's margins though.
The picture above shows Mr Ratan N. Tata, Chairman of Tata Group and Tata Motors launching the Nano. The car is 3.1 meters in length, 1.5 meters wide and 1.6 meters in height.
At this price, consumer would naturally be concerned about the quality of the product. Tata, which has the only crash test facility in India, assured that the Nano exceeds current safety as well as environmental regulatory requirements.
The Nano is powered by a two-cylinder 623 cc multi point fuel injection petrol engine producing a maximum power of 33 PS. It is the first four-wheeler powered by a two-cylinder gasoline engine.
We will have to wait for the official figures to find out how it fares in the performance and fuel efficiency departments. You may read more about the world's cheapest car from Tata Motors unveils the People's Car at Tata Motors Media Centre.
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