People's Dreams Comes Packed In 'People's Car' – Tata's Nano

Tata Motors has launched the 'People's car' – Nano. The brainchild of Ratan Tata - the chairman of Tata Motors, this car is set to change the fate of Indian auto industry for sure. Termed as the cheapest car, Nano's price is less than $2,000. In actual terms, the People's car is to cost more than that. (In Rupees, its gonna be somewhere between 1.2 lakhs to 1.3 lakhs.)

Launched at the Taj Mahal Palace & Tower, Mumbai, the car will be available in three versions in the auto market that includes the base version and two upper tier versions. The automaker has promised to keep the 1,00,000 price for the base models. With Nano in showrooms from today, the car will only be able on road from the first week of July, 2009.

Other Important Details of 'Nano'

Features

• Snub-nosed
• 4-Seater
• 33bhp & 623cc Rear Engine Car
• Measures just 3 metres long (10ft)

Booking Details

• Bookings & Booking Acceptance - 9th - 25th April, 2009
• Deliveries – From Early July, 2009
• Initial Booking Amount – As low as Rs 2999

Production Details

• Limited Production - Around 50,000 - 60,000 units in the first year