There is something deeply ironic about a week in which General Motors, Ford and Toshiba announce a collectively catastrophic slump in sales (as much as 53%) while Indian manufacturer Tata announces the introduction of the Tata Nano Europa model for international distribution. Those of you who’ve been following events will know that the Nano is destined to retail for a paltry $2000 (£1423.00) when it goes on sale in India this month. Tata has also recently completed the purchase of the Land Rover and Jaguar marques, so will we also see a cheapo Jag hit the streets soon? Answers on a Dodo tail feather, please, to….
Ratan N. Tata, chairman of Tata Motors, said: “In India, the Nano will be launched on March 23, and the cars will be on display at company dealerships from the first week of April. The Nano has also generated wide interest in developed countries, since its unveiling in Delhi and its presentation here last year. We are delighted to present the Nano Europa for future launch in such markets.”
