The Tata Nano is one of the cheapest cars on sale today worldwide, and according to Tata CEO Ratan Tata, it will be on sale in the U.S. in three years time.
“The U.S. is a very enticing market,” Tata said in an interview with Automotive News. “We are redesigning the Nano for both Europe and the U.S.,” he finished.
In India, the Tata runs with a rear mounted 37 hp engine, and starts at around $2,500. To prepare the car for sale in the North American marketplace, Tata will first redesign it and add some standard features such as traction control, power steering and a more powerful engine. The company is aiming at a starting price of under $10,000 for the car, which would make it the cheapest car on sale in the U.S.
One of the big issues facing Tata is creating a distribution network here in the States to sell the cars. One possibility would be to sell them in Jaguar Land Rover dealerships, as Tata owns both brands, but JLR CEO Andy Goss says that thus far there have been no discussions on the subject.
[Source: Automotive News]