
After endless delays, the long-awaited $2,000 car is finally set to make its debut in India. The Tata Nano (pictured to the left) is actually a product of the company that owns Jaguar. Talk about two opposite extremes in pricing!
Several years ago, Clark told you about a vehicle called the Logan by Renault. This 4-door sedan is available in Europe fully equipped for $6,000-8,000.
These affordable car makers use slightly older -- albeit proven -- technologies to make vehicles that are reliable but not necessarily cutting edge. Unfortunately, this affordable car movement hasn't hit the United States yet.
Estimates suggest if the Nano were to make it stateside, it would probably sell for around $5,000. That includes factoring in the cost of making the required safety and emissions tweaks required by our government.
There is a
huge market for affordable transportation here stateside. So why can't the American automakers figure out how to do something similar??