New Delhi, Jan 10: The much awaited One Lakh Rupees car by Tata Motors was unveiled by Ratan Tata, Chairman Tata Motors ltd. at the Auto Expo show in New Delhi today.

The most-hyped four-wheeler is named ‘Nano’ by Tata Motors ltd..

The three-cylinder 800-cc petrol engine car will give mileage of 22 Kilo meter per litre (kmpl) to 26 kmpl on highway and it has a 33 brake horse power (bhp) of power.

Nano have a 30-litre fuel tank, four-speed manual gearshift, Front disk and rear drum brakes.

It will come with air conditioning, but will have no power steering.

Nano is expected to hit the roads in September.

Tata Motors Ltd unveiled its first car only 10 years ago; earlier they were in the business of truck manufacturing.

Tata Motors' drive to produce a cheap, no-nonsense, small car was born from close observation of the local market where millions often carry families of four, plus baggage, on motorbikes and scooters. (ANI)