Filed under: Budget, China, GM, India, Rumormill
Though the minuscule
Tata Nano hasn't even been on the market for a complete year, the impact it's had on the automotive world may be exactly inverse to its size and price. In other words, it's had a huge effect, proving to the world that it's possible to build a business plan around selling super cheap cars in rapidly expanding markets.
You can reportedly add the Shanghai Automotive Industry Corporation (
SAIC) and
General Motors joint venture to the list of automakers that have taken notice of the Nano. According to reports rolling in from China and India, the 50:50 JV is considering a vehicle that would be positioned below the Chevy Spark/Daewoo Matiz that would sell for as little as $3,500.
So far, GM/SAIC isn't commenting on the reports, but has indicated in the past that it plans to build small vans, SUVs and cars for emerging markets like China and India.
[Source:
WheelsUnplugged | Image: Mark Ralston/AFP/Getty Images]
REPORT: GM-SAIC pondering Tata Nano fighter? originally appeared on Autoblog on Tue, 15 Dec 2009 17:32:00 EST. Please see our terms for use of feeds.
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16-12-2009, 02:00 AM
