Tata Nano Would Sell for $7,000 to $8,000 in the U.S. Says Chairman
If the maker of the world’s cheapest car does move ahead with plans to sell it here in the U.S., the sticker price won’t be the $2,000 figure that the car retails for in its home market of India.
Instead, says Tata Motors chairman, Ratan Tata, the Nano city car would likely range between $7,000 and $8,000. Tata made the comments recently at an event held at Cornell University, where he is an alumnus.
The reason for the higher price, says Tata, is that the car, “…will still be, in comparative terms, a car that the U.S. would accept.” In other words, it will have far more equipment than the base $2,000 Nano, which doesn’t even come with heat or air conditioning.
Previously, Tata had said the company would have the Nano on sale in the U.S. by 2012.
With AutoGuide from its launch, Colum previously acted as Editor-in-Chief of Modified Luxury & Exotics magazine where he became a certifiable car snob driving supercars like the Koenigsegg CCX and racing down the autobahn in anything over 500 hp. Find Colum on <a href="http://www.google.com">Twitter.</a>
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