Tata plans thriftier Nano for Europe in four years

Business Materials 11 February 2008 00:24 (UTC +04:00)

( dpa ) - Indian carmaker Tata Motors plans to launch a second, thriftier version of its ultra-low-cost Nano microcar in four years' time in Europe, the project chief has told the German magazine Focus.

"We will develop a follow-on model in four years that will fulfil the Euro 5 emissions standard and pass European crash tests," Girish Wagh, head of the Tata Nano project, was quoted saying.

Focus released a German version of his remarks in Munich Sunday, a day before the magazine goes on sale.

Wagh said the principal objective was to reduce the Nano's fuel consumption.

The first generation of the car, set to sell for about 2,500 US dollars, will be relatively thirsty, using 5 litres of petrol to go 100 kilometres.

"We are not satisfied with that," Wagh said. Tata had set its engineers a target fuel consumption of 3 litres for the distance. Focus said Tata Motors was ultimately planning to make 1 million Nano cars per year.