Staff Writer - CheersandGears.com
October 15, 2012
The Tata Nano, introduced in 2009 as the world's cheapest car could be making its way to other countries. Ratan Tata, head of the Tata Group recently revealed in an interview that they are working on a redesigned version to be sold in the U.S. and Europe that could go on sale within three years.
"The U.S. is a very enticing market. We are redesigning the Nano for both Europe and the U.S."
The redesign will involve a larger engine and adding "more bells and whistles," including such items as power steering and traction control. Tata says the Nano will be under $10,000.
"The Smart and the Fiat 500 have high sticker prices, and people buy them because they are small cars. But everyone knows you put a lot of money into it. We hope that the sub-$10,000 car has appeal."
When asked where the Nano would be sold, Tata said its too early to talk about that.
We have to give a lot of thought to how we would distribute the car," he said.
William Maley is a staff writer for Cheers & Gears. He can be reached at email@example.com or you can follow him on twitter at @realmudmonster.