It is confirmed that small car Nano would be retailed in the US for around $ 5,000

The world's cheapest car, Tata Nano is expected to keep its claim by also being the cheapest in the US as well. PTI reports that the small car being showcased by the Tatas is expected to be retailed there at around US$ 500. It is being displayed at the Detroit Motor Show by Tata Technologies at its 'Better Innovation' event at the Detroit Science Center. Tata Motors' chairman, Ratan Tata while speaking at the Delhi Auto Expo had also confirmed that his company was working on a Nano variant for the American market.

Addressing a press conference at the Auto Expo, Ratan Tata, chairman of Tata Motors said, "We also recognise there is a market for the Nano not only in developing countries, but possibly in the developed countries. For the United States we need a car which has a larger engine and we need additional crash test modifications and we are in the process of doing it. We should be there in about three years."

It is to be mentioned that the Tata Nano was introduced at the Delhi Auto Show in January, 2008 and retails for about US$ 2,500 in India. The model on display in Detroit is owned by Tata Technologies and is on loan from its Center for Advanced Engineering and Design in Pune, India. "The innovative thinking that brought the Tata Nano to market is symbolic of what Tata Technologies has to offer the automotive industry," said Warren Harris, Tata Technologies' president and COO. "Tata Technologies was front-and-center in engineering and developing the Nano; working closely with Tata Motors and with a significant number of the Nano project suppliers."