India’s Tata Motors confirmed Thursday it plans to set up a plant in the West Bengal state to manufacture a family car that will cost little more than $2,000, reports the Associated Press. In October 2005, reports first surfaced that the carmaker was planning such a car. Tata currently exports a $10,000 car to Europe, but does not currently import to North America. With Chinese cars expected to arrive on U.S. shores in 2008, it’s conceivable that India may want a piece of the ultra-low-cost pie here, too.
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