After all sorts of drawbacks in the last 18 months, world’s lowest priced car— Tata Nano, has been officially launched in India. Finally! Priced at 1 Lakh, or 100,000 Indian Rupees ($2,000), the company expects to produce some 350,000 units, but for 2009 only 100,000 will meet their new owners. As for how they’ll reach their new owners … Tata taking registrations for an application fee of Rs. 300 ($6), with a deposit costing Rs. 3000 ($60). Although the car doesn’t meed safety requirements for most countries— they plan an improved version of the Nano for Europe though, it’s a very good solution for regular Indian people. [via WCF]
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April 5, 2009 11:26 pm
Austin Moyo
Please keep me informed on availability and odering in South africa. many thanks.
March 25, 2009 9:42 pm