Sanand, India: What a difference a year makes. In early 2008, Tata Motors unveiled its Nano to a rapturous media reception as the snub-nosed, 4-seater with a 100,000-rupee ($1,945) price tag created a new category of super-cheap cars for the masses.
Just weeks later, Tata Motors acquired the Jaguar and Land Rover brands for $2.3 billion from Ford Motor Co in a blaze of glory, and the company reveled in the global spotlight.
But Tata, India's top vehicle maker, next week rolls out the Nano six months behind schedule, amid worries that an economic downturn and production constraints may spoil the success of the world's cheapest car.
Text: Reuters
Images: AFP/Tata Motors
Also See: Nano Europa at Geneva
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