HItting $2,500 difficult for Tata's Nano as steel prices rise

Posted Tuesday July 8, 2008, 2:55 am, Over one day old

The price of steel has risen by 50 percent in less than a year, and even though the little Nano is only 1,300 lbs, when you're making an econobox on the mega-cheap, every penny counts. Amazingly, the suppliers are okay with that, provided that Tata does its share.

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