Tata Nano

2009 Tata Nano

MUMBAI, India - The Tata Nano, the world's cheapest car which could revolutionize the motor industry for its price of $ 2 thousand and efficiency of 60 miles per gallon, was finally presented to the India, which goes on sale in A couple of weeks and could come to Europe and United States in a couple of years. The company's chairman, Ratan Tata said the Nano, whose basic model cost a mere 100 thousand rupees (about $ 2 mil), will make India the urban middle class to abandon the use of motorcycles for a four-wheeled vehicle safer and more affordable.

Reserves to buy the car just three meters long (9.8 feet) will begin on April 9 and end on April 23, said the managing director of Tata, Ravi Kant. Then be selected by lot the first 100 thousand people will get the keys and vehicle deliveries will commence in early July, he added. Even more affluent Indians are planning to buy the Nano, with a two-cylinder engine, gearbox and four-speed manual with a top speed of 105 kilometers per hour (65 mph). The basic model has no air conditioning, electric windows or power steering, but there will be luxury versions available.

Experts in the automotive industry say that the Nano could also have a big impact in the way global companies in the sector think about the costs. The Nano may "revolutionize the low cost," said Indian auto analyst Murad Ali Baig.