Ratan Tata, head of the Tata Group conglomerate, told Automotive News that it plans to bring a $10,000 version of the Tata Nano to the U.S. in the next three years. The Nano now sells for about $2,500 in India, and was dreamed up as a way to provide a safer alternative to India's most popular form of road transportation, the motorcycle.
"The U.S. is a very enticing market," Tata told the Automotive News. The automaker is redesigning the car for the U.S. and European markets.
The bare bones Nano would give families – who often pile onto a motorcycle – a roof and seatbelts, protecting them in case of accidents. The car isn't selling all that well in India, where highly-publicized photos of the cars bursting into flames put a damper on the vehicle's safety image.