GM will, no doubt, badge engineer it as the 2012 Corvette BelchFire 2 (2
Tata plans to bring ultra-cheap Nano to U.S. in 3 years
June 5, 2009 - 12:01 am ET
UPDATED: 6/5/09 1:30 p.m. ET
Tata Motors, the Indian automaker that owns Jaguar and Land Rover, plans
to bring the car known as the world's cheapest to the United States
within three years.
David Good, a U.S. representative for Tata, confirmed statements made by
Chairman Ratan Tata at a Cornell University forum this week and reported
by Reuters. Customer deliveries of the Nano, which starts at about
$2,500, are scheduled to begin in India next month.
Ratan Tata said it would arrive here in about two years, Good said in an
interview today. "It might be two years and six months," he added.
The move stands to make Tata the second automaker to import India-built
vehicles to the United States and represents a low-cost threat to
established competitors. Global Vehicles U.S.A. Inc., of suburban
Atlanta, plans to introduce pickups made by Mahindra & Mahindra Ltd.
later this year.
The Nano "will need to meet all emission and crash standards," Tata told
a panel Wednesday in New York at the inaugural Cornell Global Forum on
Sustainable Global Enterprise. The executive said his company is also
working to develop cars that run on fuels other than gasoline, such as
clean diesel, biofuels and batteries.
Good, who attended the forum, said he couldn't outline how the Nano
would be distributed. Options include creating the car's own network or
channeling sales through Jaguar and Land Rover dealerships, he said.
Tata Motors bought the two U.K. luxury brands from Ford Motor Co. for
$2.3 billion in 2008.
Tata Motors plans to offer a European version of the car in 2011, the
He got the idea to make a car that poor people could afford while
thinking about the motorbike and scooter riders who maneuver through the
streets of Indian cities with their children on board.
The four-seat Nano gets up to 65 mpg. Cheap labor helps keep the price down.
Production of the Nano was delayed by protests over land use where a
plant was be located. The first 100,000 owners are being selected by