The Tata Nano was unveiled in India on January 10, 2008, at the Auto Expo. Initially the cost of the car was set at $2,000. The Nano is manufactured by Tata Motors, which also owns the Range Rover and Jaguar.
Tata Motors is one of 111 automotive teams who made the first cut to be able to race in the Progressive Automotive X Prize. The prize is a $10 million road race that will test whether practical vehicles are capable of getting 100 miles per gallon or better.Progressive Automotive X Prize: Tata Motors Limited
Partial Suppliers ListAE-Plus.com: [http://www.ae-plus.com/Key%20topics/cc-Tata-news3.htm India's Tata low-cost Nano took a lot of high-tech]
- Bosch
- Caparo Vehicle Technologies
- Continental
- Delphi Auto Parts
- Denso
- Freudenberg
- GKN
- INA
- Johnson Controls
- TRW
- Behr
Competitors
Progress on the Nano
Tata Motors announced that it will begin taking deposits for the new Nano, the world cheapest car (retailing at $2,000). However, the company was downgraded Moody’s Investors Service and Standard & Poor because of slowing sales.Bloomberg.com: Tata Nano, World’s Cheapest Car, Won’t Help Pay Debt (March 23, 2009)
References
Fast Facts
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Also called the "People's Car"
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Manufacturers
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Parent Company
Tata Sons
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Production
2008-Present
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Class
city car
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Designers
Girish Wagh and Justin Norek
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Engine
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The car will be sold in India for 2-3 years, then sold in Asia and Latin AmericaTimes of India: Specifications of Tata's Nano
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Tata Motors currently has no plans of selling in North America
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Tata Motors is India's top selling car manufacturerSurf India: Tata Motors Ltd.
