Howstuffworks "What's the world's cheapest car?"

Howstuffworks "What's the world's cheapest car?":


"Chairman of the Tata Group, Ratan Tata, drives the new Tata Nano car at the New Delhi Auto Show on Jan. 10, 2008.­

One of the most anticipated cars of 2008 also turns out to be the cheapest car in the world. At only $2,500 before taxes, auto manufacturer Tata Motors' Nano will come to the streets of India by fall 2008. Ratan Tata, the chairman of the company that brought the tiny car to life, refers to the Nano as the 'People's Car,' and he wants to give those who might not be able to afford a new car the chance to take advantage of mobility. The company is marketing the affordable car to India's lower middle class, who only make about $200 a month [source: Time]."