Most citizenry spend years paying off their car loans . Many new auto cost tens of thousands of dollar , and stake rates can makefinancing a carexpensive . But what if you could buy a brand new automobile for about the same as just six months ' rent ? And by the way – have you ever think about move to India ?
One of the most hoped-for cars of 2008 also turns out to be the cheapest car in the globe . At only $ 2,500 before taxes , motorcar maker Tata Motors’Nanowill come to the streets of India by fall 2008 . Ratan Tata , the president of the troupe that brought the flyspeck car to life , refers to the Nano as the " People ’s Car , " and he wants to give those who might not be capable to afford a new car the chance to take advantage of mobility . The fellowship is market the affordable car to India ’s lower middle year , who only make about $ 200 a month [ source : Time ] .
Tata looks to attain the same thing Nicholas Negroponte did with the$100 laptop . By offer one of today ’s omnipresent piece of technology at a scurvy cost , Tata hop to give everyone a bonny chance at making a living , regardless of a person ’s economic background . But just like the laptop , the Nano is already receive a fairish deal of literary criticism . India already makes 1.3 million elevator car per year , and Business Week expects that routine to grow 12 per centum p.a. [ source : Business Week ] . With route already suffer from excessivetrafficcongestion and pollution in cities bestow toglobal warming , the idea of more cars throughout India makes some mass skeptical .
How tight will the Nano go ? What kind of emission standards does the vehicle meet ? What did Tatan Motors do to provide the car for such a depleted Leontyne Price ? If it ’s so cheap , will it be safe than theG - Wiz ? Read the next pageboy to find out .
The Nano
One of the biggest trends in the auto industry is miniaturization . In parliamentary law to belittle exterior space while keeping a car ’s midland roomy and easy for passengers and computer memory , carmakers are looking for innovative way to conflate electronics and free up as much space as possible . With a team of 500 engineers and designers and 34 new letters patent for the Nano , Tata Motors had this accurate tendency in mind – the car is only about 10 feet ( 3.1 meters ) farseeing and 5 feet ( 1.6 meters ) tall , but it still has four doors and can match up to five the great unwashed inside .
Tata took several steps to keep the railroad car both affordable and true . light source yet strongsteelis used for the car ’s body , and thetiresare pushed to the far corner of the skeletal system , creating the maximum amount of space on the inside.Super strong gluekeeps the railway car together instead of traditional welding techniques , and humble skin senses cut down on costs and free weight – the Nano has one windscreen wiper or else of two , and the automakers hollowed out most of the steel from the steering column .
The engineers also took the working parts of the Nano into thoughtfulness when thinking about outer space . The 30 - horsepowerengine , gears and four - speedmanual transmissionare plant in the back of the car , not the front , very much like that of the original Volkswagen Beetle – this gives the Nano its boxier expression . At 623 - cc ( cubic centimetre ) , the gasoline locomotive is smaller than typical car locomotive size , but still very effective , reach speeds up to 60 miles per hr . The ship’s company say the Nano should get up to 50 mile per congius , excellent performance equate to most other cable car . The United States , for instance , hopes to increase the industry average to only 35 miles per gallon by 2020 , which cause the Nano reckon far in the lead of its time .
The $ 2,500 cost tag will only get you the most basic model of the Nano – one with no melodic line conditioning , for example . But the more expensive reading would only go up to about $ 4,000 , which is still less expensive than the Suzuki Maruti 800 , now the world ’s second - least expensive railroad car . With all the cost - cut , Tata Motors might not even make a profits with the Nano . Materials such as steel and rubber have risen in the preceding few years , but Ratan Tata is keep his promise of the accessibility of a $ 2,500 railway car . rather , future models and innovation desire to bring upper-case letter to the company – its engineers go for to introduce newdieselversion of the Nano by next year .
For slews more information on car and new trend in the car industry , read the next page .