The world’s cheapest car is literally in pursuit to make it BIG globally! CNBC America reports that Tata Motors will invest as much as $100 Million to set up a production plant in Mexico. A total of five models will be produced. These include: Nano, Indica, Manza, Aria and Xenon pick-up.
But in order to set-up this plant, Tata Motors needs to have a local partner, and as the report goes, the company has already talked with Mr. Carlos Slim (Presently world’s richest man, according to Forbes Magazine) and Group Autofin, a local automotive company.
Production of these cars opens the gates for US, Latin America and Brazilian car market. With a price tag of less than $20,000, cute little Nano is expected to bring huge success to Tata Motors. But in order to make the Nano compliant, Tata needs to work on it.
Tata already exports Nano to neighboring countries and with an exclusive scoop of Nano LHD, we now know that Tata is taking Nano to Left Hand Drive Markets in Africa, South America etc.
Meanwhile in India, Tata Motors is developing a diesel version of Nano which we expect should be out sometime during the first half of next year.
Displayed above is a two-tone Nano we caught a few days back and guess it is some Limited Edition of Nano which Tata is readying for the festive season. The story doesn’t end here, Tata is also all set to launch a CNG version of Nano pretty soon for the Indian market.
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