Sunday, May 23, 2010

Geely to Produce Cheaper City Car Than Tata Nano

Chinese automaker Geely is planning to produce a budget city car expected to cost less than the Indian-made Tata Nano.

The new Geely IG is slated to sell for about US$2,250, comparable in price to the US$2,700-US$3,800 Nano, and will go on sale in China in 2012.

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