The same Indian firm that is one step away from acquiring Jaguar and Land Rover (see here) is making headlines around the world today with the presentation of the long-awaited Nano minicar or as many call it, the one lakh car ($2,500 or €1,700). Tata itself describes it as the “people’s car”. The no-frills 5-door mini is powered by a rear-mounted, 33HP strong, 624cc, two-cylinder gasoline engine
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