Tata Car gives remarkable inkling, Confusion in Price
MIL/Tata Sources, Jan 10, 2008. IR Summary
New Delhi, India: January 10, 2008 - IR Summary - As per Tata sources, TATA Motors on Thursday unveiled its 'People's Car', the 4-door Nano, here today. This is believed to be the world's cheapest car with a dealer price of 100,000 rupees ($2,500 only).
Following are some specifications of the car, as presented at the Auto Expo, held here in New Delhi.
* Length: 3.1 metres * Height: 1.6 metres * Width: 1.5 metres
* Engine: Rear-wheel drive, 2-cylinder, 623 cc, multi-point fuel-injection petrol engine. Engine is mounted at the rear. First time a 2-cylinder gasoline engine used with single balancer shaft.
* Safety: The Nano has an all sheet-metal body, with safety features such as crumple zones, intrusion-resistant doors, seat-belts, strong seats and anchorages, and the rear tailgate glass bonded to the body. Another highlight of the car is that its tyres are tubeless.
* Environment: The tailpipe emission performance exceeded current regulatory requirements, and the Nano had a lower overall pollution level than two-wheelers made in India. High fuel efficiency (20 km/litre) ensured low carbon dioxide emissions.
Though it was given to understand that a customer shall get this car at Rs, 100,000.00 but now only it is revealed that the car would cost Rs. 100,000.00 to dealers and not customers. This needs elucidation, what about taxes and overhead genuine price? It should be clear how much the car shall cost the customer?
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