Tata Nano May be More Costlier

As the Tata Motors lauched 1 lakh car, cheapest car Tata Nano; may loose the tag of low priced car in upcoming days. As the steel prices are already hiked by 25% and other raw materials like paints, tires, labour problems etc. has the price hiked as well. That is one of the reason of the price hike for Tata Nano in upcoming days.

That is expectable as the raw materials price go up cost of the product always go up. Now it seems that Tata nano to lost its one lakh price tag that makes it as "world's cheapest car". Tata Motors had earlier stated that it will deliver its first one lakh cars at the promised price but the company spokesperson refuses to confirm about continuation of the existing prices.

Already around 26500 Tata Nano have been delivered to the customers. Tata Motors's mother plant for Tata Nano begins production in April 2010 when it rolls out its first batch of Tata Nano. The new plant is near completion in Gujarat as it was shifted from Singur in West Bengal last year.