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India's Tata to Launch World's Cheapest Car in March
Thursday, February 26, 2009 10:52 AM


(Source: Kyodo News International, Tokyo)trackingBy Kyodo News International, Tokyo

Feb. 26--NEW DELHI -- "Nano," the world's cheapest car, is to be launched March 23 in Mumbai and order taking will start from April, the manufacturer Tata Motors said in a press statement Thursday.

"The cars will be on display at Tata Motors dealerships from the first week of April 2009. Bookings will commence from the second week of April 2009," the statement said.

The car, which will sell for about $2,500, was originally planned to be launched in late last year, but it was delayed due to the shifting of its manufacturing site.

"Since its unveiling on January 10, 2008, the Tata Nano has evoked an unprecedented interest in (India), with its website having recorded over 30 million hits in the past one year and the creation of over 6,000 interest groups and communities," the Tata statement said.

The Nano has also triggered competition among auto companies, including Nissan-Renault, to make low-cost cars in India.

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To see more of Kyodo News International, go to http://www.kyodonews.com

Copyright (c) 2009, Kyodo News International, Tokyo

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