Tata Motors explores new ideas for cheap small car

Newswire

By Rina Chandran MUMBAI, Oct 31 (Reuters) - India's biggest vehicles maker, Tata Motors Ltd. , is exploring cheaper ways to manufacture and sell its planned small car, but analysts warn that safety may suffer while profits shrink. New York-listed Tata Motors -- India's third-biggest car maker behind Maruti Udyog Ltd. and South Korea's Hyundai Motor -- plans to launch a low-priced car in about three years as it seeks a location for its plant. "We are looking at tax subsidies and other ...

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