Tata, and Indian outfit, has finally announced the final name for their extremely budget car, price at a minuscule $US2500. The name, which everyone has seen before, will be Nano. Unveiled at the 2008 Delhi Motor Show, the Nano showed featured a 33 horsepower 624cc two-cylinder gasoline engine (diesel option coming) and stepless CVT transmission or 5-speed manual transmission.
The car is super basic with no power steering and the instrument panel consisting of only a speedometer, a fuel gauge and an oil light. It doesn’t skimp on safety or the environment, being designed to pass all international side offset and side crash tests as well as Euro 4 emissions tests. Efficiency wise, it will be capable of getting 100kms off 5 litres, putting it next to current hybrid cars.
Tata expect to sell 500,000 of these guys, and at the price and for what it can do, it isn’t impossible. Expect to see them hitting shelves in the second half of 2008.

For more info, click over to PaulTan.org