Tata Motors unveiled the Rs 1 lakh Nano at the Auto Expo today. Ratan Tata, Chairman, Tata Motors, said the car would be launched commercially in the second half of 2008.

Stunningly good looking and modern car Name Nano to reflect size and modernity Two A-pillars so that it can meet better crashworthiness norms Front-on tests already done Smaller footprint than the Maruti 800 20% more interior volume than Maruti 800 Base model to cost only Rs 1 lakh plus VAT and transport Centrally mounted instrument console (left and right hand compatibility possible without additional cost) Independent front and rear suspension The two-cylinder 624 cc four stroke petrol engine to develop 33 bhp and deliver 20 kpl The engine mounted at the rear to generate more interior space. Battery also placed in the rear Small 'boot' at the front of the car Tata Motors adds 40 patents in the process of developing Nano "Promise is a promise," Rata Tata, chairman, Tata Motors said after unveiling the car at the Auto Expo today.

Excerpt from breakfast with Ratan Tata:

"Cars shown at the expo are production ready. Off-set crash tests and side-on tests yet to be done - but will be done. Warns that rising inflation may result in the price going up in the near future. Car will come out of Singur facility."