$2,500 puts you behind the wheel!Marketwatch ^ | May 9, 2011 | Santanu Choudhury
NEW DELHI (MarketWatch) -- Tata Motors Ltd. TTM -0.42% has started exporting the Nano minicar from April, a move that will likely help India's largest auto maker by sales further lift sales of the world's cheapest car and reduce its sole dependence on the home market.
The Mumbai-based company, which controls the Jaguar and Land Rover luxury car brands, exported 498 units of the Nano in the past month, according to data issued Monday by the Society of Indian Automobile Manufacturers, the local automotive industry lobby group.
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The company has said also that it could start selling the Pixel, a new city car concept for Europe based on the Nano, in two to three years. The Pixel could be fitted either with a 1.2-liter, turbo-charged diesel engine, or an electric one similar to that used in its Indica Vista EV hatchback.
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