Tata Unveiled World Cheapest Car "Nano" at one lakh

Finally Tata Company Chairman Ratan Tata announces the newly launched Nano, in New Delhi, 10 Jan 2008.
Tata keeping his promise intends to sell the four-door, pod-shaped car for the equivalent of $2,500, the lowest price in the world for any conventional four-wheeled automobile. In Indian terms the price is one lakh, or 1,00,000 rupees.
Dream car of "Ratan tata" or "aam adami car" will be called "Nano".
The car, Tata said, is smaller than a Maruti, but has 21 per cent more volume or space inside than the 800.
The Nano will be available in three variants - standard and two deluxe models with AC. The standard car would be available for Rs 1 lakh (ex-showroom), while VAT and • transportation costs are extra.

Tata one lakh feature's
• a 624-cc, 2-cylinder petrol engine
• 33 bhp of power
• 30-litre fuel tank
• 4-speed manual gearshift
• front disk and rear drum brakes.
• seat belts, but no air bags
• strong enough to drive carat 72 kmph but will quickly wear out at high speed.
• a driver's side wing mirror
• just one windscreen wiper.
• 10 feet long, 5 feet wide.
• a mileage of more than 20 kilometers per liter (50 miles a gallon).
• Real wheel drive employs a manually actuated four speed transaxle. makes better fuel efficiency.
• Maintain Euro 4 emission standards.

features car lack's-The car's dashboard features just a speedometer, fuel gauge, and oil light.
and car has no radio, no air bags. The car does not have reclining seats and no power steering. But it is the cheapest car currently available.
Ratan tata said"Let me assure you and also assure our critics the car we have designed will meet all the current safety requirements ... and will have a lower pollution level than even a two-wheeler being manufactured in India today,"
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 and it is 8 per cent smaller bumper to bumper than 800. The car meets the Bharat 3 (Euro 4) emission standards.

Tata also has said it will initially produce about 250,000 Nanos and expects eventual annual demand of 1m units.The Nano is expected to be commerically launched in the second half of 2008
Besides India, the company plans to sell the car in Africa, Latin America and South East Asia.
source: inhome.rediff.com