Tata Motor’s Nano, which is deemed to be the cheapest car in the world, may begin production this fall. However, this has made many people wonder if the car is really going to stay within the price bracket or if the prices are going to shoot up. India being a major economy with high growth rate has an equally high inflation rate. The inflation might actually force the manufacturers to up the price of the car and may be higher than the originally intended price of $2500. If Tata plans to ship it abroad from India, the shipping costs might increase the price of Nano as well. Tata is also apparently working on a clean, green version of the Nano considering the fuel prices and pollution levels. An air car, a Battery powered and micro-hybrid (auto start-stop) Nano are also possible outcomes.
Via: Engadget
Comments
Has the Nano really distracted us from the core issue of fuel prices and pollution. i am not sure. But it has certainly upped the aspirations of the average indian to own a four wheeled vehicle.It may be cheapest car in the world to own but with the fuel prices soaring it may not be the cheapest to run.
Nano has got the masses distracted.. But not the elite.. And I do hope their new clean green car does what its meant to. The clean green car might not be so cheap after all..
Inflation can not leave anything !