Nano

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A look into why the world's cheapest car flopped: [url="http://on.wsj.com/1hT3YRf"]http://on.wsj.com/1hT3YRf[/url]

When the Tata Nano, a stripped-down minicar priced at around $2,000, was introduced in 2009, it was marketed as a car that would transform the way aspiring consumers in India and other developing countries got around.

But the low-cost automotive revolution fizzled and the Nano has become a cautionary tale of misplaced ambitions and a drag on sales and profit at Tata Motors.

[img]https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-prn2/1383999_10151993993603128_1169207914_n.png[/img]