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World's Cheapest Car Launches at $2,500

World's Cheapest Car Launches

We may be half a world away at CES in Las Vegas, but this announcement out of the 9th annual Auto Expo in New Delhi certainly caught our attention. India manufacturer Tata officially unveiled what is now known as the Tata Nano. But whether you call it the Nano, the People's Car, the 1-lakh, or the $2,500 car it's still a feat of engineering.

Sure, for $2,500, you're forgoing a lot of comforts and features (no iPod dock or even power steering here). But what it lacks in modern technical amenities it makes up for in value. Despite the low price tag, this little car gets 54 miles to the gallon, and either meets or exceeds safety standards around the globe.

Interest note: Now that Tata is bringing automobiles to developing nations, it's looking to expand its reach in the opposite direction and has begun talks with Ford to purchase the luxury Jaguar brand.

From Engadget

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