Can you imagine a car selling for $2,400? There are many bicycles on the market that sell for more than that. It’s called the Nano . Manufactured by Tata Motors , and Indian automobile manufacturer, it was designed to make automobile ownership within the financial reach of people who could never have dreamed of owning a car. The Nano has been created for the Indian market and it will go on sale in April. Obviously this is a very small no-frills vehicle:
•    3.1 metres (10.2 feet) in length
•    4-seater
•    623 cc rear engine
•    1 windshield wiper
•    Small trunk

Air conditioning and power locks are available as options but there are no airbags or antilock breaks. The Nano gets 4.2 litres per 100 kilometres and can travel up to 105 kilometres per hour, which clearly makes it a city vehicle. A top speed of 105 kilometres per hour makes it impractical for most highway driving. Tata Motors reports that emission tests show that the Nano emits less carbon dioxide than most motorbikes. They had better corner the market in India quickly as competition is on the way. Bajaj Auto, Renault, and Nissan are already working on developing a car that wholesales for $2,500 and they hope to launch it in India by 2011.

There is another model called the Nano Europa, a slightly more robust version, which has been designed for the European market. The planned launch for the Nano Europa is sometime in 2011. Tata Motors reports that is has already begun work on a Nano for the U.S. market and hopes to have it ready for launch in 2012.