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This is an archive article published on May 29, 2011

World8217;s cheapest car Nano is expensive in Sri Lanka

Tata Motors began selling Nano in Lanka at a price tag 3 times higher than the cost in Indian mkt.

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Tata Motors on Sunday began selling the world8217;s cheapest car,the Nano,in Sri Lanka at a price tag nearly three times higher than the cost in the Indian market.

Diesel and Motor Engineering Dimo,the local agent for Tata,said they began accepting bookings for the Nano with a price tag of 925,000 Sri Lankan rupees USD 8,486 for a basic stripped down version.

8220;We are getting good enquiries. Those who pay Rs 100,000 today can have the car in two weeks after making the full payment,8221; a company spokesman said.

He said the car was available in red,yellow,blue,white and silver and the higher-end model with air conditioning will cost 1.1 million rupees,just 40,000 rupees Rs 18,000 Indian rupees less than the 800-cc Maruti8217;s price in Sri Lanka.

Maruti is the market leader in small cars in Sri Lanka.

 

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