TATA nano.. rs 1lakh car is here…

Ratan Tata on Thursday delivered on the promise he made four years ago with the launch of the “people’s car”, even if buyers will have to fork out a little more than the much-talked about Rs 1 lakh price tag for the basic model.
Tata Speak: Diesel version to follow”We have always been a diesel company, and I assure you that a diesel version will follow,” Ratan Tata, chairman, Tata Motors, said at a press conference following the launch of the Rs 1 lakh Nano at the 9th Auto Expo in New Delhi.When asked about the profit margins that the company expects from the car, Tata said, “The margins will be spread over the entire spectrum of variants.”
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