Tata Nano, world's cheapest new car, is unveiled in India - The Times
10-01-2008

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The world's cheapest new car, a four-seater hatchback with a 100,000 rupees price tag (US$2,500, £1,250), was unveiled in India today. Tata Motors's much anticipated Nano - cheaper than some CD stereo systems in a top-end Mercedes - will bring car ownership into the reach of tens of millions of people across the world. Despite the secrecy surrounding today's grand unveiling in Delhi, there had been glimpses into the design of the four-seater that has a top speed of 75 miles an hour and is held together more with strong glue than nuts and bolts. While the price has created a buzz, critics say the rear-engine mounted vehicle will lead to millions more cars hitting already clogged Indian roads, adding to mounting air and noise pollution problems. Others have said Tata will have to sacrifice quality and safety standards to meet the target price. Tata says the car will conform to European standards but there remains scepticism in the market about its safety and its ability to maintain assembly-line emission outputs after being driven on India's congested and crumbling roads. An initial production run of 250,000 cars a year, or nearly a quarter of all annual car sales in India, has sent environmentalists into a spin. The United Nations's chief climate scientist, Rajendra Pachauri, the winner of last year's Nobel Peace Prize, said last month that he was "having nightmares" about the prospect of the low-cost car.

http://driving.timesonline.co.uk/tol/life_and_style/driving/article3164205.ece