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The world’s cheapest car: Facts about Tata’s Nano

MUMBAI: India’s top vehicle maker Tata Motors on Monday rolled out the world’s cheapest car, priced at 100,000 rupees or $2,000. Here are the key facts about the “Nano”:

LOOKS: Snub-nosed four-door hatchback

DIMENSIONS: 3.1 metres (10.23 feet) long, 1.5 metres wide and 1.6 metres high. Can seat up to five people

NAME: Nano, for its connotation of high technology and small size

ENGINE: A two cylinder 624 cc, 33 horsepower rear mounted, all aluminium, fuel injection petrol engine

TOP SPEED: 105 kilometres per hour (65 miles per hour)

FUEL EFFICIENCY: 23.6 kilometres per litre

POLLUTION: Exceeds Indian regulatory requirements and can meet strict Euro IV emission standards. Tata says the car is better than two-wheelers manufactured in India currently

SAFETY: Strong passenger compartment, crumple zones, intrusion resistant doors

PRICE: Basic model price 100,000 rupees or $2,000 plus tax and transport costs, which will bring on the road price to at least 120,000 rupees. The price of two deluxe models that will include air-conditioning, power steering and other features to be announced later

SMALLEST TURNING CIRCLE: four metres

NEAREST DOMESTIC CAR RIVAL: Maruti 800, part of Japanese-owned Suzuki Maruti stable whose base model sells for about $4,300

NEAREST INTERNATIONAL RIVAL: China’s Chery QQ3 which retails for $4,500

MARKET: India’s car market is a huge draw because car penetration is just eight per 1,000 people, compared to 550 per 1,000 in Germany or 495 in France

SALES: Tata will focus on selling the car in India, but hopes to then move into Europe, Latin America and Southeast Asia

COMPANY DETAILS: Tata Motors is India’s largest vehicle company with net revenues of 48.58 billion rupees ($961.59 million) as of December-end last year. afp

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