Showing posts with label World Cheapest Car. Show all posts
Showing posts with label World Cheapest Car. Show all posts

Wednesday, March 24, 2010

Tata Nano becomes CarBQ in Mumbai

Tata Nano becomes CarBQ in Mumbai

Car fires are nothing new, but when it happens to the world's cheapest car on its way to its new home, the Tata Nano tends to lose its allure.

According to our friends at IndianAutosBlog, Satish Sawant, a Mumbai-based (irony alert) insurance agent, took delivery of his $2,500 hatchback, and while being chauffeured back to his house (Sawant doesn't have a license yet), a motorcyclist overtook him and pointed to the rear of his new baby. At which point, the driving duo noticed flames coming from the rear. Says Sawant, "I have no idea what happened... The engine was behind me and I did not realize the car was on fire."

This is apparently the second incident of a Nano catching fire, which, along with a recent spate of electrical issues, has some questioning the quality of the budget runabout. Naturally, today's lesson is: You get what you pay for.

[Source: IndianAutosBlog]

Monday, July 27, 2009

Many Tata Nanos to be used as taxi cabs?

Tata Nano

India currently has just under 1.2 billion residents. Moreover, its population is set to overtake China any monsoon now. As India's economy continues to grow (currently the world's 12th largest) all those people now have places to go. We've all seen crazy pictures of fantastically overloaded Indian trains and buses with people hanging out of windows, but not only is that very dangerous, if you have a business meeting the last thing you want to do is sit on a dirty old roof with three dozen of your closest friends. Indians need taxis. Trouble is, cabs (and cars in general) are expensive to buy and poverty is still rampant. Enter the Tata Nano.

That's right, the world's cheapest new car is being eyeballed and ordered by many Indian entrepreneurs looking to start their very own cab company. Yes, Nanos are small and would make very lousy cabs in NYC or London. But to a person that's never owned a car before, it's (sorta) Versailles on wheels. And as the Nano is a no-frills, few features product, there's very little to break, so what does get broke will be cheap and easy to fix. In the biz, that's called "win-win." Besides all that, we're thinking that hundreds of thousands of Nanos darting all over Mumbai would be cute. Sort of like Rome in the 1950s.

[Source: Autocar]

Tuesday, July 14, 2009

Tata Nano passes European crash testing

Tata Nano Europa

The Tata Nano, the diminutive Indian four-door econobox rumored to eventually arrive in U.S. showrooms, has reportedly passed current European impact testing. According to Autocar, the offset front and side impact tests took place at the MIRA test center last week under supervision by an inspector from Britain's Vehicle Certification Authority. A spokesperson for Tata said the company is "delighted but not surprised" with the results, as the car had already been tested in India.

Sold only in its homeland right now, Tata seems determined to expand its passenger vehicle business to Europe and North America. With that in mind, the automaker is working to upgrade the Nano to ensure the Lilliputian meets "Westernized" crash standards, including the European NCAP tests, and our own NHTSA requirements.

[Source: Autocar UK]

Wednesday, June 24, 2009

Tata selects first 100,000 Nano buyers from lotto

Tata Nano

Interest in the world's most affordable new car has been very strong, as Tata Motors reportedly received 206,000 applications for the $2,500 Nano. Due to production constraints, Tata ran a lottery to determine which of the applicants would receive one of the first 100,000 Nanos, and the Indian automaker is informing the "winners" in person.

The first 100,000 customers eligible to receive a Nano will get their car by the end of 2010, with deliveries beginning in July. The first allotment of 100,000 Nanos will be price protected to remain consistent with Tata's press release in March. Of the 106,000 Tata customers left out in the cold (for now) 51,000 chose not to keep their names in contention for future Nano lotteries. Those customers will be offered discounts on other Tata products.

The remaining 55,000 customers that are still in contention for future Nano lotteries are also being offered discounts. Since Tata collected a "booking fee" for the right to enter the lottery, that money will collect 8.5% interest if the Nano is delivered withing two years, and 8.75% if it takes longer than two years.

[Source: Telegraph India]

Sunday, June 7, 2009

Tata confirms Nano U.S.-bound in around two years

Tato Nano Europa

Americans may have the opportunity to welcome the Tata Nano to their shores in just over two years, according to a confirmation from David Good, a U.S. rep for the Indian automaker. Before it arrives, Tata assures that the ultra-cheap compact with a base price of just $2500 will be configured to meet all emission and crash standards. If successful, we could see see versions of the Indian microcars running on biofuel and diesel.

But who will distribute the teensy Tatas? Well, that's up in the air right now. A brand-new dealer network for the brand has been discussed. Another option would be selling the Nano through Jaguar and Land Rover dealerships -- the Indian automaker owns both, after all. That long shot was quickly dismissed by Stuart Schorr, a spokesman for Jaguar Land Rover, before the repercussions could sink in.

[Source: Automotive News]

Tuesday, April 7, 2009

Tata says it sells over 51,000 Nano "booking forms" in five days

Tata Nano

Tata knew pent-up demand for its super-cheap Nano would be so high in advance of its official delivery date that the Indian automaker set up an unique pre-ordering system allowing potential customers to sign up with booking forms. After all these forms have been collected, a computer will randomly choose the first 100,000 people to take possession in July.

That process began just five days ago on April 1st, and Tata has already sold over 51,000 booking forms to its dealer network and individual customers, with another 30,000 or so being taken from a number of Tata partners. Each order form is being sold for 300 Rupees, which is about $6.00 in U.S. funds. Prices for individual Nanos are reportedly ranging from between 95,000 and 145,000 Rupees ($1,880 to $2,780), which officially makes this the World's Cheapest Car.

One thing seems sure: Tata is going to sell a ton of these cars. Whether or not that's a good thing depends on your particular viewpoint. It's almost a certainty that people will be safer in the four-wheeled enclosed Nano than on the little scooters and cycles they are currently riding, but a number of environmental groups have voiced concerns over the impact this many new cars will have on their surroundings. Regardless of how this ultimately plays out, this is only the beginning.

[Source: Economic Times]

Wednesday, March 25, 2009

Autocar reviews Tata Nano

Now that Tata's tiny little Nano is officially on sale, a number of media outlets around the world have found themselves behind the wheel, pouring over the positives and negatives associated with driving such an inexpensive vehicle. Interestingly, most of the reviews we've seen have been highly favorable. As it turns out, the World's Cheapest Car is just that – a real car. And it's a surprisingly decent one at that according to a motoring journalist from Autocar India who captured his initial thoughts on video.

We got a good chuckle from the reviewer's assertion that if the Germans had built the Nano, they would have added too much stuff to it and made their version just as expensive as the MINI, while if the Americans were behind the Nano, we would've priced it right below the competition and took away its striking price point.

[Source: Autocar]

Tuesday, March 24, 2009

Tata pondering Nano launch for U.S. market

Tata Nano


Could an extremely inexpensive, minuscule little car like the Tata Nano actually sell in America, a land historically enamored with powerful V8 engines surrounded by as much sheetmetal as possible? According to the Financial Times, Tata Motors may be about to find out, as the Indian automaker is said to be looking at an introduction into the U.S. market by 2011 or 2012.

What makes Ratan Tata, chairman of the automaker that bears his name, think that his diminutive rear-engined machine might sell in the United States? The economy, of course. Americans may be willing to accept some of the sacrifices that would go hand-in-hand with owning the World's Cheapest Car, though the version likely to sell in the States would surely differ in major ways from what is now on sale in India.

If the Tata Nano were to hit the U.S. market, it would need to pass the same safety and emissions regulations as any other car currently sold in America. Those are not insurmountable tasks, however, as proven by the version of the Nano that's planned for European markets.

So far, there is no indication of how much a Tata Nano would cost in U.S. dollars if it were sold here.

[Source: Financial Times]

Monday, March 23, 2009

Order books open on $2,000 Tata Nano

Tata Nano

It's been a long time in the making, but the official launch of the Tata Nano has finally taken place. Billed as the World's Cheapest Car, the diminutive Nano will sell for just Rs. 1 lakh (about $2,000 U.S.) as it leaves the factory, though shipping, taxes and registration adds a considerable amount to that total. Still, there's a great deal of anticipation for the little car in its home market of India.

In base trim, the Tata Nano comes in just three colors without a radio or air conditioning, although higher-spec versions are available that include more color choices, along with such niceties as central locking, front power windows, fog lamps, a cup holder, and even a rear spoiler.

While it may be short on amenities, the real intent of the Nano is to get Indian families off their two-wheelers and inside the relative comfort and safety of a proper automobile. As such, the 33-horsepower, 623cc two-cylinder engine and four-speed gearbox is reportedly powerful enough to get the Nano to Indian highway speeds, and the car meets all required safety and emissions requirements. It also comes standard with an 18-month/24,000 kilometer warranty.

Due to the huge demand expected for the car, the automaker has created a special process for reservations. A computer will randomly choose the first 100,000 customers that will have the opportunity to purchase a new Nano. Deliveries are scheduled to begin in July, but in the meantime, Nano-intenders will soon be able to accessorize their life with appropriate accoutrements, including a Nano phone, wristwatch, and t-shirts.

[Source: Tata Motors]

Thursday, March 5, 2009

Tata - Indian automaker debuts Nano Europa

Tata Nano Europa

Uttering the word "Europa" should spark memories of the funky and fragile Lotus of the '60s and '70s, or perhaps the British sportscar company's more recent revival. What one normally doesn't tend to think of is the Tata Nano.

That may change, however, as the discount Indian auto is slated to come to The Continent wearing the Nano Europa badge, and it will arrive with more standard equipment and a higher base price than the target $2,500 USD it will sell for in India. Judging from the production-ready models debuting at the Geneva Motor Show this week, it will also be the best-looking Nano in the family.

While the naming usage may have Colin Chapman rolling in his minimalist coffin, the Nano Europa still shares a few similarities, including a low curb weight, small wheels at the corners, small engines with unusual placements, and so on.

The Europa differs significantly from the standard Nano with a longer 2.28-meter wheelbase (90 inches, or about 7.5 inches longer), a different drivetrain and added standard equipment. In fact, the Europa offers a raft of high-end new-to-Nano features like four-lug 14-inch alloy wheels, electric power steering, LED lighting (unlikely to see production) and even a standard passenger-side mirror. Did we mention it even has an all-aluminum three-cylinder engine and a five-speed transmission for less-dangerous highway cruising?

All joking aside, the Europa also figures to get more safety features, including stability control and anti-lock brakes, and Tata says the car will adhere to all necessary safety regulations before it goes on sale.

While pricing has not been announced, there is talk of hitting the 5,000 Euro bogey (around $6350 USD) when the car launches for 2011, and if the company can hit that target price, we suspect there will be far more Tata Europas extant than Lotus Europas in just a few months' worth of production

Thursday, February 26, 2009

Tata Nano to officially debut on March 23, sales start in April

Tata Nano

After a slew of problems and delays – not the least of which was a huge amount of opposition from local farmers in West Bengal where the first assembly plant was being built – Tata Motors has finally announced that production of their Nano city car will begin on March 23 at the alternate facility in Gurajat. Sales will officially begin the first week in April as dealerships receive their first allotments of what is sure to become an instantly popular vehicle.

Much of the hype surrounding the Nano is related to its targeted low price, which at 100,000 rupees (just under $2,000 in U.S. dollars at current exchange rates) would make Tata's Nano the cheapest automobile in the world. Of course, that's without standard air conditioning or painted bumpers and such, but it will come with a 33-horsepower, 623cc two-cylinder engine driving the rear wheels.

[Source: Tata Motors via Motor Tips]

Friday, January 23, 2009

Tata shooting for 80,000 Nanos by March of 2010, diesel in 2011

Tata Nano

The troubles that Tata Motors has had in getting its Nano microcar off the ground have been well documented. After a series of protests turned violent over a land dispute between local farmers in West Bengal and the Indian automaker,, production was moved to Tata's Pantnagar facility. Despite the massive setback (Tata had almost completed construction of the main plant before moving), the Indian automaker reportedly believes that it can assemble 80,000 Nanos by March of 2010. By that time, a second plant in Sanand should be ready to go, and that would quickly become the main facility for the inexpensive car (though Pantnagar would still supplement the larger operation).

What's next for the ongoing saga that is The World's Cheapest Car? By the end of 2011, the Nano's will get a diesel engine option in addition to the standard 33-horsepower 625 cc twin-cylinder gas unit that will be powering all Nanos at launch. Also on the future menu will be such sybaritic options as air conditioning and an automatic gearbox.


[Source: Indian Autos Blog]

Tuesday, December 9, 2008

Tata Nano, goes 60 mph in 17 seconds

Tata Nano

The Tata Nano's claim to fame is its budget $2,500 price tag. You'd have trouble picking up a 1995 Honda Civic with 140,000 miles on it for that price. But what do you get for the price of a lawn tractor? How about a 624cc 33-hp motor mated to a four-speed manual transmission, for starters. That potent combo will propel any lucky Nano driver from 0-60 in 17 seconds. Add some groceries and a passenger (or a slight uphill grade) and we're guessing you'll never see 60 mph in any time frame.

CAR Magazine in the UK recently became one of the first publications in the world to drive the Nano and did mention that it has a compliant ride, which is quite a feat considering the MSRP. The Nano also has options like a radio and air conditioning, but if you ever want to go faster than 50, we'd advise you skip the freon. Tata is looking to remedy this "performance" problems with a more powerful gasoline powerplant mated to a five-speed automatic, but for now the Nano will only manage to hit 60 in the time it takes to heat up a hot dog in your 1,200-watt microwave. That 13-year-old Honda is starting to sound pretty good right about now.

[Source: CAR Magazine via eGMCarTech]

Wednesday, October 1, 2008

Tata ready to move Nano plant away from contentious region

Tata Nano

The Tata Nano may be the most expensive vehicle ever to be the cheapest new car on earth. Violent protests at one of the car's planned assembly sites have gotten so rampant that the Indian automaker is near a deal to exit the nearly completed West Bengal facility all together. Just a few days after a supplier CEO was killed by a mob of protesters, two body guards were also assaulted at the contentious facility. The controversy in West Bengal centers around the land that local farmers lost to the $200 million Euro facility, and with the building nearly complete, it's hard to believe that land will be returned any time soon even if Tata did abandon the region.

Word out of India is that the state of Karnataka has offered Tata Motors 1,000 acres plus incentives to move Nano production there, and the local media is reporting that Tata is going to announce plans as early as next week. We're not in the micro car business, but if we were, we'd avoid building them where there is the constant threat of being beaten or killed by an angry mob. Moving Nano production to a region that actually wants the Tata there seems like a foregone conclusion at this point.

[Source: Motor Trend]

Monday, August 25, 2008

Nano plant protests may cause Tata to reconsider

Tata Nano

Fueling speculation that the Tata protests last week may have been much more effective than originally reported, India's Tata Motors Ltd has said it will move the upcoming Tata Nano plant from its planned eastern India location if the violent protests don't end. The tension is between the industry that is pushing for the 1,000-acre plant and the farmers who wish to retain the land for agricultural use. After the unveiling of the plant in January, which was hailed by the state's ruling Communists, the protests have been gathering steam. It eventually led to the violent clash last week as more than 1,000 people marched against the planned facility. The announcement from Tata Motors is significant as the company has invested more than 1,500 crore rupees ($350 million) in the project so far, and there is no alternate plan to replace the facility at Singur (although the Nano is going to be manufactured at other plants, as well). In addition, other manufacturers who are expanding into India (including Nissan, Renault, GM, and Hyundai) are watching the unfolding events very closely as they plan their next moves.

Friday, August 22, 2008

Police and protestors clash at future site of Tata Nano plant

Tata Nano

Raze 1,000-acres of farmland to build an automobile factory, and somebody is going to protest. Even in India. The automaker is Tata, and the protesters numbered at least 1,000 strong as they went head-to-head against police in eastern India yesterday at the future manufacturing site of the Tata Nano (rumored to be the world's cheapest car at just $2,380). The protests are rooted deeper than just "open space" issues. In fact, the real tension is between India's ruling party, and the communist-run government in West Bengal where the plant is to be located. The farmers are unwilling to part with their agricultural livelihood, while the government continues to promote industry. After blocking a highway for a few hours, the stick-wielding protesters were dispersed without injuries. Once again, progress wins out over pastures.

Thursday, July 24, 2008

Tata Nano to get diesel power

Tata Nano

Tata's diminutive Nano will soon be hitting the market with a standard 30-horsepower, 624cc gas engine mated to a four-speed manual transmission. While that may seem a bit small and underpowered, those looking to spend just $2,500 on a brand new car aren't likely to complain. Plus, the combo is good for 54 US miles per gallon, quite the achievement, we'd say. When it was first introduced, Chairman Ratan Tata indicated that a diesel engine was likely soon after launch, and it seems he wasn't kidding around. Displacing 800 cubic centimeters and equipped with common-rail fuel injection along with a turbocharger, the planned twin cylinder diesel engine has been jointly developed by German powertrain specialists FEV, Bosch and Honeywell. So far, no pricing, horsepower or fuel mileage statistics have been released, but the oil-burner is sure to improve fuel mileage even further and will likely add a bit to the cost of the World's cheapest car

Tata Nano may be branded a Fiat in overseas markets

Tata Nano


Fiat and Tata already have a joint venture to distribute commercial vehicles. If they can do the big stuff, why not the little stuff? Tata and Fiat are looking at an agreement to sell the Tata Nano outside of India in markets where Fiat has a strong presence.

If the deal goes through, and once the car is upgraded to meet Western standards, Tata can take advantage of the Fiat name, marketing, and dealer network. Fiat would probably have a big seller on its hands -- and a slice of every one -- since the car is still expected to maintain a healthy price advantage even after it gets beefed up.

The Tata, however, is not expected to come to the U.S. as a Fiat. Ratan Tata said, ""We have held talks about the Nano being marketed in markets where Fiat has already a strong presence." Frankly, America isn't one of those places yet. With Tata making such a big splash over here with Jaguar, they probably wouldn't need Fiat to help the brand. Still, the thought of a Fiat 500 and a Nano snuggling in the corner of a dealership would be too cute to miss.

Monday, May 26, 2008

Tata wants supplier to develop $10 airbags for the Nano

sports cars

It's nothing new to have automakers pushing suppliers to cut their component costs. For the past decade and a half, many companies have demanded suppliers provide price reductions of 3 to 5 percent a year, every year, with varying degrees of success. India's Tata Motors is taking these efforts to a whole new level. In order for Tata to build a new car with a retail price of only $2,500 they need component prices an order of magnitude cheaper than other cars. One example is airbags. While Tata wants the Nano to be a very basic car, it wants it to still meet safety standards. The problem is that frontal airbags cost about $150 each. At that level, a pair of airbags would account for more than 10 percent of the cost of the car, clearly a non-starter. As a result, Tata has asked occupant safety systems supplier Autoliv to develop airbags that cost only $10 each. How or if Autoliv will get down to that price point remains unclear. It seems that features like two-stage airbags and systems that detect the presence of a passenger to disable the bag if there is no one there will have to be left out. In any case, it'll be interesting to see if Autoliv and Tata can pull this one off.

Monday, May 12, 2008

Confirmed: Nissan/Renault developing low-cost Nano-killer with Bajaj

Tata Nano

t was rumored that Nissan/Renault was serious about fielding a low-priced competitor to the $2,500 USD Tata Nano, and the automaker made it official today by announcing a plan to produce an equally inexpensive car called the ULC in conjunction with Indian automaker Bajaj Auto. The two companies are forming a joint-venture to produce the ULC, which will be built at an all-new facility in Chakan, India at an initial rate of 400,000 units per year. The Tata Nano has no need for concern just yet, as the ULC isn't scheduled to go on sale until early 2011 in India and then even later in export countries. We're doubtful that the U.S. is among those export considerations, but parts of Europe will likely see the ULC not long after the Nano arrives in their market.

PRESS RELEASE

Bajaj Auto and the Renault-Nissan Alliance to build the car code-named ULC with wholesale price range starting from 2500 USD

PARIS/PUNE/TOKYO (May 12, 2008) – Mr. Rajiv Bajaj, Managing Director of Bajaj and Mr. Carlos Ghosn, President and CEO of Renault and President and CEO of Nissan, today announced they will form a joint-venture company to develop, produce and market the car code-named ULC with wholesale price range starting from 2500 USD. The new joint-venture company will be 50% owned by Bajaj Auto, 25% by Renault and 25% by Nissan.

Targeting the growing Indian new vehicle market, the ULC will be made at an all-new plant to be constructed in Chakan (Maharashtra state) in India. Initial planned capacity will be 400,000 units per year. Sales will start in early 2011 in India, as a primary market, with growth potential in other emerging markets around the world.

The feasibility has already extended into Joint Product Development and the project is on line to meet targeted performance & cost.

Renault Corporate

The Renault Group generated global revenues of €40,682 million in 2007. It designs, engineers, manufactures and sells passenger and light commercial vehicles throughout the world. The Renault Group is present in 118 countries and sells vehicles under its three brands – Renault, Dacia and Samsung. The Renault Group employs 129,000 people worldwide.

Nissan Corporate

The Nissan Motor Company generated global net revenues of 10.468 trillion yen in 2006. Nissan is present in all major global auto markets selling a comprehensive range of cars, pickup trucks, SUVs and light commercial vehicles under the Nissan and Infiniti brands. Nissan employs over 220,000 people worldwide.

Renault-Nissan Alliance

The Renault-Nissan Alliance, created in 1999, has sold 6,160,046 vehicles in 2007. The Alliance aims to be ranked in the top three in terms of quality, technology and profitability amongst the major global automakers.

Bajaj Auto Ltd.

Bajaj Auto Ltd. is a manufacturer of 2 wheelers & Commercial Vehicles with sales of about 2.5 million Units in FY 08 – with exports of 618,000 units. Bajaj Auto has a strong presence in South Asia, Africa, Central & Latin Americas.