The vehicle, called the Tata Nano, will sell for 100,000 rupees or $2,500 (?1,277) and enable those in developing countries to move to four wheels. The four-door five-setter car, which goes on sale later this year, has a 33bhp, 624cc, engine at the rear.
Read more »Asian markets were trading weak. Hong Kong’s Hang Seng plunged 1.98% or 475.15 points at 23,546.53.
Japan’s Nikkei dropped 1.49% or 202.52 points at 13,423.93.
Taiwan’s Taiwan Weighted was down 0.25% or 19.96 points at 7,845.32.
South Korea’s Seoul Composite fell 0.95% or 16.07 points at 1,681.38.
Singapore’s Straits Times dropped 0.22% or 6.79 points at 3,038.80
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