NANO SMALL CAR

Background
TATA Motors got into the passenger car segment with the indica and the primary reason for this was the increasing competition and cyclical nature of the demand for commercial vehicles after the reforms of 1991 by the Indian government.
Hence Ravi Kant wanted newer ideas and selected his promising young engineers 20 in number and asked them to cut costs by 10%. By that afternoon a basic reduction of 6.5% was arrived at , but kant wanted 10 and he gave them 3 weeks to achieve the same.
Transformation of TATA MOTORS started in 2000 although it began with a loss it returned to profit in 2003. During this period efficiency had increased and employee's were encouraged to take voluntary retirement.
After making the ACE small carrier for the indian market TATA now wants to target the 2 Wheeler and second hand car buyers with it's small and cheap car. Although all the competitors like suzuki were skeptical TATA has managed to keep the sticker price of the basic model at 1 lakh rupee's.
NANO
NANO the name represents high technology and small in size as in nano technology
1. Cheapest car ever made.
2. Single Wiper.
3. Rear Engine.
4 Sheet Metal Body. (Speculated to be plastic and hence not good from safety as well as durability point of view).
5 Dicky is in the front. Battery is placed in the Dicky to balance the weight.
6. Length of 3.1 meters, width of 1.5 meters and height of 1.6 meters.
7. Mono-volume design.
8. Two-cylinder, 623 cc, 33 PS, multi point fuel injection petrol engine.
9. Safety features such as crumple zones, intrusion-resistant doors, seat belts, strong seats and anchorages, and rear tailgate glass bonded to the body.
10. Tubeless tires
The Nano will be launched in 2008.
Watch this space for more information and please post your queries also.