The Truth About Cars » world’s cheapest car http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Fri, 12 Dec 2014 00:01:32 +0000 en-US hourly 1 http://wordpress.org/?v=4.0.1 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars » world’s cheapest car http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com Move Over, Nano. Make Way For The Gleagle, The World’s Cheapest Car http://www.thetruthaboutcars.com/2010/05/move-over-nano-make-way-for-the-gleagle-the-world%e2%80%99s-cheapest-car/ http://www.thetruthaboutcars.com/2010/05/move-over-nano-make-way-for-the-gleagle-the-world%e2%80%99s-cheapest-car/#comments Tue, 25 May 2010 12:48:59 +0000 http://www.thetruthaboutcars.com/?p=357252 At the Beijing Auto Show, Geely had a whacko two-seater, gullwing adorned concept car on display. I didn’t deem in worthy of mention, along with the hundreds of other whacko concepts. I didn’t even snap a picture. I wish I did. If Chinese media is not mistaken, I missed taking a picture of the world’s […]

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At the Beijing Auto Show, Geely had a whacko two-seater, gullwing adorned concept car on display. I didn’t deem in worthy of mention, along with the hundreds of other whacko concepts. I didn’t even snap a picture. I wish I did. If Chinese media is not mistaken, I missed taking a picture of the world’s cheapest car, cheaper than the Tata Nano.

According to China Car Times, the Geely Gleagle IG will hit the Chinese market in 2012 in China at an MSRP of $2,250. The Tata Nano is priced from $2,700 on upwards – if you can get one. Tata still has problems making the Nano en masse, a problem unheard of at Chinese companies such as Geely. A worldwide roll-out is planned for later – as a Volvo?

It is doubtful whether the entry model of the Geely Gleagle IG will sport the gullwings. Bought as parts, one of them should set you back more than the whole car. But with the wings – could it finally be the world’s first production flying car?

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India’s Nano Wars http://www.thetruthaboutcars.com/2009/11/indias-nano-wars/ http://www.thetruthaboutcars.com/2009/11/indias-nano-wars/#comments Thu, 12 Nov 2009 16:33:08 +0000 http://www.thetruthaboutcars.com/?p=335103 With Tata unable to produce enough Nanos to keep up with demand, more automakers are gunning for its entry-level segment. Renault-Nissan is teaming up with its Indian-market partner Bajaj to produce a car that’s even cheaper to produce than the Nano. “I can tell you the cost of this car would be lower than any […]

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Everyone has the Nano in its sights (courtesy: pajamadeen.com)

With Tata unable to produce enough Nanos to keep up with demand, more automakers are gunning for its entry-level segment. Renault-Nissan is teaming up with its Indian-market partner Bajaj to produce a car that’s even cheaper to produce than the Nano. “I can tell you the cost of this car would be lower than any car today made in India,” Renault-Nissan CEO Carlos Ghosn tells Gasgoo, adding that a lower production cost wouldn’t guarantee that the new car would be priced lower than Nano. The Renault ULC, as the low-cost car is being called during development, will be available in India in 2012, by which time GM and Toyota could have competing models on the market. Ford’s recently-announced Indian market low-cost car, based on the discontinued previous-generation European Fiesta, will be positioned above the Nano. And that strategy also appeals to Honda. The Motor Company tells the WSJ that rather than competing directly with the lowest-cost segment, a sub-Fit (Jazz, as it’s known globally) hatchback will be introduced around 2012 to compete with Ford’s model. The Jazz/Fit currently sells for about $15,000 in India, leaving a huge window between there and the Nano’s approximately $3,000 price price tag.

For automakers scrambling to break into India’s auto market there seems to be two separate strategies: the major global players are gunning for the lowest-cost segment, while the second-tier players are shooting just above it. The exception to this rule is Volkswagen, which was the first to the Chinese market and has become the number one player there. And unless a rumored tie-up between VW and Suzuki takes place (Maruti Suzuki is by far the biggest automaker in India), it will have almost no presence in India. Meanwhile, GM’s presence seems set to be eclipsed by its Chinese partner, SAIC. Hindu Businessline reports that SAIC will likely pick up 50 percent of GM’s India operations in hopes of developing a greater export market for Chinese-produced vehicles, and lowering the cost of GM’s Indian-market offerings. The light truck and low-cost car segments are seen as Chinese firms’ greatest strengths vis-a-vis its Indian competitors, but with the globals flooding in to India in hopes of gaining a foothold in one of the last huge growth-potential markets, India’s car wars won’t be a gimme for anyone.

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Kirkland Signature Nano? http://www.thetruthaboutcars.com/2009/11/kirkland-signature-nano/ http://www.thetruthaboutcars.com/2009/11/kirkland-signature-nano/#comments Wed, 11 Nov 2009 17:34:31 +0000 http://www.thetruthaboutcars.com/?p=334984 The Economic Times of India reports that Tata is considering offering knock-down kits of its Nano microcar and allowing franchisees to offer the world’s cheapest car as a private-label brand. The move is being considered as Tata’s dedicated Nano plant is still ramping up to its 350k unit annual production level, and the company is […]

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Make that the Mattel Nano...

The Economic Times of India reports that Tata is considering offering knock-down kits of its Nano microcar and allowing franchisees to offer the world’s cheapest car as a private-label brand. The move is being considered as Tata’s dedicated Nano plant is still ramping up to its 350k unit annual production level, and the company is still having a hard time filling demand. Can’t you just see twelve-packs of Nanos at Costco?

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