TATA Motors,today unveils the most cheapest car in the World, Rs. 1 lakh(2500$ approx). The car is named as TATA NANO. The small beauty claims to meet all the current safety requirements of a modern day car and has pollution levels that are even less than those of a two-wheeler.

Ratan Tata the chairman of the TATA groups unveiled the car at Auto Expo 08 held in Delhi. It is a dream car for the middle class people. It took around 4 years for the R&D of the car.



The Nano with a 624 cc engine, will give a mileage of 20 kilometers per liter (50 miles a gallon). As per the safety norms, it has passed the full frontal crash test, the offset and side-crash test to meet the international safety norms. The legroom is expected to be 21 per cent more than Maruti 800. The car meets the Bharat 3 (Euro 4) emission standards.

The car that will come in two variants - AC and non-AC, will come at a dealer price of Rs one lakh plus VAT and transport charges.

“The car will cost one lakh and only because a promise is a promise,” he said brushing aside concerns over cost escalation and increase in raw material prices.

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Categories: Business, Technology, Weird
Tags: car, maruti, Ratan Tata, tata, tata motors