India's Tata unveils world's cheapest car

January 10, 2008

India's giant Tata Group has unveiled the world's cheapest car which analysts say could revolutionise prices worldwide and change the way the nation of 1.1 billion people travels. The long-awaited Nano will carry a sticker price of 100,000 rupees or 2,500 dollars, and is aimed at getting millions of increasingly affluent Indian families to trade their motorbikes four-wheel comfort.