Quote:
Originally Posted by bhtooefr
I think it's very much possible to get a car like the Elio in at $6800, but you need economies of scale to do it.
The Nano LX - comparable trim to the Elio - is about $3650,
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$3650. In India. There is a huge gap in the currency conversion of the Indian Rupee. And in manufacturing costs in India. The Indian Honda CBR250R retails for $2,600 in India but is $4,200 in the USA and higher in other countries. A difference of 160% which makes the Tata more like $6000. With no air bags.
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If Elio shifted production to India, They might make it to an $8000 price point after importing to the US.