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]

Looks like Tata Motors is trying to get the Nano into U.S. dealerships by 2011. India's largest domestic automaker thinks "the world's cheapest car" could do well here, especially given our nation's economic conditions right now. The car will likely not be as cheap when it is re-engineered to meet U.S. crash and emissions standards, but it should still be inexpensive enough to attract quite a few buyers.

There remain a couple of big roadblocks, however. First of all, how do you re-engineer the car so quickly, and secondly, where do you sell it on these shores? Rumors of distribution through Jaguar/Land Rover dealers was quickly dispelled, so that's where Fiat-Chrysler may come in, argues New York Times correspondent Nick Kurczewski.

The logic proceeds as follows: Fiat and Tata already collaborate on several joint ventures. They share a huge factory in India. Tata sells Fiats in India. Tata gets to use Fiat diesel engines and Tata developed a pickup truck that will be sold as a Fiat as well. Adding Chrysler into the mix at least helps with distribution and possibly with engineering help for a speedy conversion to U.S. standards.

Kurczewski argues that the American market Nano could even revive the Autobianchi name for Fiat, as the Italian carmaker has expressed an interest in launching an entry-level brand below Fiat. A Fiat-Chrysler Nano would go a long way toward meeting the EPA's new 35 mpg standards, even after it's upgraded with air bags and possibly a more powerful three-cylinder engine to please American drivers.

[Source: New York Times]

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, subs. req'd]

The Nano is off to a smashing start, with Tata reportedly claiming it has already received 500,000 application forms since the car went on sale April 9. Tata Motors sent out order forms to 30,000 locations throughout India, and charged 300 rupees ($6.00 in US funds) to anyone that filled out the form. Tata Motors has generated the equivalent of $3 million so far, and interested parties have until April 25 to order their own Nano. The company is expecting between 750,000 and one million orders by the deadline, giving the Indian automaker up to $6 million in income without making a single vehicle. The State Bank of India, which has about 25% of the total orders to date, will finance the Nano for up to seven years at interest rate of 10%.

One million pre-order applications is a mighty impressive sum for the $2,500 micro car, and it's a number that Tata Motors doesn't even intend to hit in the Nano's initial batch. Tata will fill 100,000 orders in the first tranche, and it intends to hold a raffle to see which of the orders will get fulfilled. Tata Motors will begin delivering the Nano this July.



[Source: Business-Standard via Indian Autos Blog]

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]

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. Is that funny because it reinforces stereotypes or because it's true? Click past the break to watch the video in full and decide for yourself.



[Source: Autocar via Jalopnik]

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]

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. Official press release available after the jump. Thanks to all who sent this in!



[Source: Tata Motors]

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. Thanks for the tip, Gustavo!


[Source: Tata Motors via Motor Tips]

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. Thanks for the tip, Shrawan!


[Source: Indian Autos Blog]