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Wednesday, 18 June 2008

Small Cars Cost May Go Up

Small cars going higher! Tata is still uncertain about maintaining the cost price of the Nano at a tag of Rs 1 lakh because of the hike in crude and steel prices. With this uncertainty of Tata, Bajaj Auto and Renault-Nissan also announced a further increase of their small car that is about to roll out on Indian roads in 2011.

Most of us were glad when Bajaj announced the launch tag price as Rs 1 lakh. But now the price is expected to increase to about Rs 1, 20,000 during the commercial launch.

Everyone is waiting to drive one low-cost car but now dreams are shattered because no car will launch with the ex-showroom price of Rs 1 lakh. Wish the prices could reduce but again that’s a dream.

Labels: Car-prices, Small-Cars