Some of the biggest and the best component suppliers in the business were roped in, with scissors and ingenuity to bring out solutions within a specified cost structure.
The Nano does not look or feel like a very 'cheap' car. It is a very thoughtfully designed piece of kit, with an agreeable level of fit and finish. Nor would you expect the kind of space it has in its interior. The two-cylinder 624cc engine hisses like a modern scooter before waking up and settling to an idle. The cable-linked gear lever helped Bijoy Kumar Y select first and presto, we had motion!
History will be created in Mumbai on Monday evening when Tata Motors launches the world's least expensive car, Nano -- a car that can redefine personal transportation in modern India.
"We are conducting a feasibility study to see whether the car can be displayed inside some of the Westside," said a source. The feasibility study is being conducted in select showrooms that have a suitable entrance and enough space to accommodate the Rs 1 lakh (Rs 100,000) car. The car might be displayed at showrooms that meet the required specifications.
Calling it India's fastest hot hatch is a claim that the Super Nano fully deserves especially with the very interesting specs.
Insurance premium is not common for all types of cars. Hence, you should know the premium amount before you decide to buy a car.
India's housing shortage is fuelled by the immigration of millions of villagers to the cities.
While returning from Beijing after attending the Asia Europe Summit, Prime Minister Manmohan Singh gave media persons an insight into his views on the Indian economy, his economic legacy of last four-and-a-half years, reforms done and not done, farmer's land issues and even on Tata's Nano project.
The land acquisition row seems to chasing the Tata's Nano car project even out of Singur as farmers of villages near Sanand, the project's new address, have staked claim on the plot.
Putting up a brave front after the exit of Tata's Nano project from Singur, West Bengal Chief Minister Budhdhadev Bhattacharya on Sunday said the state government will fight and overcome the obstacles for industrialisation, observing that the state has lost one battle but not the war.
It seems like after Tata Nano, Maruti Cervo and Bajaj-Renault-Nissan's ultra-low-cost car plans it's Toyota's turn to bring out a product for the entry level segment.
Because of its 'low' price tag, many customers opting to buy a used car may plump for a new Nano, though it comes comparatively with lesser cubic capacity, R Srivatsan president of MyTVS, part of the TVS Group engaged in selling used cars told PTI.
Indian carmaker Tata Motors gave the world its cheapest car in the form of Nano.
Minutes after reports emanating from West Bengal indicated that the Singur impasse had finally come to an end with Tata Motors 'agreeing to give land,' the Tatas have expressed distress at the 'limited clarity on the outcome of the discussions between the state government of West Bengal and the representatives of the agitators in Singur.
The country's largest car maker, Maruti Suzuki India, on Thursday said that "Tata Nano" may have a marginal impact on the sales of its entry level small car Maruti 800 but ruled out cutting its price.
A 96-year-old woman, Homai Vyarawala from Vadodara has sold her 55-year-old original Fiat car to buy the Tata Nano.
Riding on the Nano wave, Direct-to-Home major Tata Sky on Tuesday announced a promotional scheme for consumers booking the people's car, offering a 20 per cent discount on a new connection.
Tata Motors on Monday announced that the Tata Nano Standard version (BS2) will be priced at Rs 1 lakh (Rs 100,000) ex Factory Pantnagar (excluding transportation charges and VAT) thereby delivering on the promise made at the unveiling of the car at the Auto Expo in New Delhi last year on January 10th 2008.
In view of the expected significant demand and limited production capacity initially until the Sanand plant is fully ramped up to capacity, the Tata Nano will be available through a booking mode.
The Tata Europa is a jazzed-up version of the Nano that we got to see at the Auto Expo in India last year, but there are some important changes.
Forget about the Tata Nano for Rs 100,000. Or buying a sleek Yamaha R15 for over Rs 97,000. An array of car models is now available at prices under Rs 100,000, thanks to an expected 20 to 25 per cent fall in used-car prices on certain models, in response to the government's decision to reduce Central value added tax (Cenvat) four percentage points for new cars.
The farmers of Khoda and Bol village on Tuesday claimed that a large portion of the proposed 1100 acre for Nano is their ancestral property and the land was given for the cattle farm which falls under Anand Agriculture University. The state government has given half of the 2200 acres of land to the Tatas.
Rising interest rates and anticipated launch of the Tata Nano has impacted the sales of entry level cars like the Maruti 800, and anlaysts expected the entry level market dynamics to change further post the Nano launch expected in the last quarter of the fiscal.
India will choke unless it modernises its city transport systems, and you can't blame the Nano for this.
TT electronics Plc said on Tuesday it has secured a contract to supply speed sensors for the Indian conglomerate Tata's Rs 100,000 car, Tata Nano, which is expected to be launched later this year. However, the financial details of the contract were not revealed.
Despite the hiccups experienced by the auto component industry, better growth prospects and low valuations suggest that it's a good time to buy solid companies in this space.
Auto Expo ended leaving India on the global automative map. It broke records in footfalls and business queries generation.
Maruti Suzuki India, the country's largest carmaker, may after all do what everyone expects it to: take on Ratan Tata's Nano with its own low-price car. For long, there has been a will-they-won't-they kind of speculation about how Maruti will protect its entry-level consumer base from the Nano, whose lowest variant is likely to cost Rs 1 lakh in some places and about Rs 1.26 lakh in some others. The higher variants may cost Rs 1.5 lakh or more.
With more than 2.5 million users since April, the 'Nano game' on Zapak.com is a huge hit on the online gaming website. In the racing game, the player has to reach the destination within a specified time limit. He begins by styling his Nano and choose the colour, wheels etc.The car is then ready for a drive where the player has to manoeuver the Nano between crossing pedestrians and other obstacles like manholes etc.
The announcement comes close on the heels of the US publication Conde Nast Portfolio's report that 'Nano' would not be sold in the US. "The model (Nano) won't be sold in the US but has the potential to radically alter the market for manufacturers in India. Tata-inspired followers are already revving up their engines," Conde Nast Portfolio said.
In enlightened countries the world over, public transport is encouraged, subsidised and given top priority in various ways by policy guidelines. In India there are no such policies.
The truth is that this is an impressive realisation of a corporate vision, a car long-promised, designed explicitly to hit a price point, and one that will meet the needs of poorer consumers. It is safer than a bicycle and cleaner than an old moped.
We will not be in the ultra-low-cost car segment. Our focus will be on the A1 and A2 segments, which are growth areas in which many of the new players like Nissan, Volkswagen or Toyota are planning to enter. Our entry-level car will remain the Maruti 800.
Thirteen years after their small car project was forced out of West Bengal following the anti-land acquisition movement in Singur, Industry and IT Minister Partha Chatterjee has said talks are on with the Tatas for big-ticket investments in the state. Underscoring job creation as the TMC government's top priority, Chatterjee also said incentives to companies will depend on ability to generate employment. He said the Mamata Banerjee dispensation wants two large manufacturing units to be set up by any prominent industrial house at the earliest. "We never had any enmity with the Tatas, neither we fought against them. "They are one of the most respected and biggest business houses of this country and also abroad. "You can't blame the Tatas (for the Singur fiasco).
You only need to look at Tata partner Fiat's history for a remarkable parallel to the Nano.
If commercially successful, the Tata car will alter the passenger car market in India, and perhaps the world, beyond description.
Code-named Pelican, bigger hatchback with new petrol and diesel engines may hit the road next year.
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Arvind Kumar Sharma, a 1988-batch IAS officer and one of the many joint secretaries in PMO, definitely wields some power.
West Bengal Chief Minister Mamata Banerjee's maiden visit to the financial capital Mumbai drew an enthusiastic response from India Inc with industry captains queuing up to attend the meeting called by her.
South Korean steel giant Posco has narrowed down on Sanand (Gujarat) for setting up its steel coil unit at an investment of $20 million.
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