THE CHEAPEST CAR IN THE WORLD.

THE CHEAPEST CAR IN THE WORLD.

The cheapest car in the U.S. is the $9,995 Chevrolet Aveo from GM. In Japan that distinction goes to the Daihatsu Esse at about $6,000. In Europe the Dacia Logan from Renault SA starts at just under 8,000 euros ($11,900). As per the news report ,with 107-hp,1.6-litre Ecotec engine capable of 26 mpg city ,34 mpg highway ,the 2009 Chevy Aveo5 of General Motor is going to be the cheapest car in the U.S. But how much cheap? It is yet to be disclosed. But for now, my friend may have a look on this photo and video to get a feel of AVEO5, the name derived from its five doors.

AVEO5

But can you think of a car which comes almost one fourth price of the present cheapest car of U.S. market and much less than the half of the price of the present cheapest car of Japanese market? I know my Indian friends might be feeling like hitting on my face for writing about this old news which happened on the 10^th of January 2008.Well, I think the news is not stale enough to present and its aroma shall linger and linger.

Yes, I am talking of NANO from the house of TATA. It is the cheapest car in the world with a price tag $2500. It is not an apology of car. The 4-door 4 seat 33-bhp 2-cylinder car, powered by a 643cc rear-mounted engine will meet Euro 4 emission norms. Although it is 20 percent shorter in length than Maruti 800, the present cheapest car in India, Nano has 21 percent more space and runs 20 km/liter. It is likely to hit the market in the second half of 2008, probably around festive season in October. Just have a look on this photo and video to get a feel of NANO.

NANO

The NANO is a watershed in independent India’s business history for two important reasons. Its affordability gives it the potential to be the most inclusive innovation of Indian corporate sector so far. For the first time in this country, those on the fringes of the middle-class can hope to fulfill their aspirations of owning a car. The second reason has significance as at present only 8 Indians out of 1000 own a car which is one of the lowest levels in the world. With the arrival of NANO, there is an every possibility that car would cease to be a status symbol. See what Mr.Ratan Tata, the Tata group chairman says while presenting NANO in Delhi’s Auto Expo on 10^th of January 2008.

I will conclude this blog with another piece of great news that NANO will soon arrive in the European market.

According to Reuters, Girish Wagh, head of compact car projects at Tata Motors, confirmed to German magazine Focus the Nano would reach Europe within four years. "We will develop a successor model in four years' time which will meet the Euro 5 emission regulations and the crash standards in Europe," Wagh was quoted as saying.

Thanks Mr.Ratan Tata. Your small car has made every Indian tall.