Saturday, February 28, 2009

New $2000 Indian Car Set For Launch

It has been talked about for a while now (including an article on this very blog several months back) and it seems like the Indian auto maker Tata Is finally ready for the launch of the Nano. The car will be interesting and attractive for two big reasons. First the price. It is set to go for 100,000 rupees which translates to about $1,983 U.S. dollars by current exchange rates. The second is the miles per gallon it can get. It is said to be able to go 50 miles and more on one gallon of gas. There has been incredible interest in the car. The companies website has gotten over 30 million hits in just the last year. Tata Motors is the largest conglomerate in India. The company is said to be worth about 50 billion dollars and is comprised of almost 100 different companies involved in several sectors of manufacturing. Tata recently acquired the companies that manufacture both the Jaguar and the Land Rover. While the Nano has a 625cc gas powered engine the company is working on an electric version of the car and also a version that can run on compressed air. The best way to think about the car is as a lesser version of The British Mini car in terms of style but more in terms of mileage. The mini will get you about 37 m.p.g. while the Nano can get you over 50 m.p.g. This fact is sure to be appealing to buyers in this economy. The car will be officially launched on March 23rd, 2009.

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