WOW! $2000 car being developed?

India's largest automobile manufacturer, Tata Motors Ltd., said Thursday that it plans to set up a plant in the communist-ruled West Bengal state to manufacture a family car that will cost little more than $2,000.

The plant will be set up with an investment of 10 billion rupees ($220 million), and is expected to start production in two years, said Ratan Tata, the company's chairman.

A prototype of the five-seater model to be manufactured at the West Bengal plant is undergoing tests at a Tata facility in the western Indian city of Pune, Tata said.

Full article here

pino_b - 5/19/2006 3:52:05 PM

+1 Boost

just imagine the Premium Package on BMW 325cic alone costs 2 grand

dblo7 - 5/19/2006 7:39:06 PM

+1 Boost

I smell the next Yugo! I would like to get two Ta-Tas...I mean Tatas =)Never sold here, would never pass any federal crash test.

Sachsi2 - 5/20/2006 3:06:39 AM

+1 Boost