By Alistair Scrutton NEW DELHI, June 27 (Reuters) - It may be an Indian consumer's dream -- cheap cars for $2,500-$3,000 within reach of millions of a swelling middle class. But it could also prove to be a traffic and environmental disaster. Nissan Motor Co. and Renault SA announced last week they were studying a $3,000 car to compete in India against Tata Motors Ltd.'s planned low-cost "People's Car" targeted at around $2,500 to hit the market next year. For its supporters, cheap cars ...
Premium Content (PAID Subscription Required)
"India's "people's cars" spur green nightmare fear" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.