
http://news.bbc.co.uk/2/hi/business/7181432.stm
http://news.bbc.co.uk/2/hi/business/7180396.stmPeople living in India with little money to spend on a vehicle have another option now. Instead of fitting an entire family on a motorcycle or scooter, families may be able to afford a car.
Tata motors, of India, has released the Nano. The vehicle will sell for about $2,500 and allow those in developing countries to ride on four wheels.
You won't find many extras in the Nano, in fact there is no air conditioning, power steering, or power windows. The four-door five seater car, which goes on sale later this year has a 624cc engine in the rear. The Tata Nano has passed emission standards and would average about 50 miles to the gallon.
The Nano will allow for more safety and convenience as families travel. Company chairman, Ratan Tata said, "I observed families riding on two-wheelers - the father driving the scooter, his young kid standing in front of him, his wife seated behind him holding a little baby. It led me to wonder." It made him wonder if he could create a safe, affordable, all-weather car for families with little income (money).
(story retrieved from http://news.bbc.co.uk/)
http://news.bbc.co.uk/2/hi/business/7180396.stm
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