India's Tata Motors has unveiled what is being billed as the world's cheapest car — the $2,500 Nano. At the 9th Auto Expo in New Delhi on Thursday, Company Chairman Ratan N. Tata said the four-person sedan, also called the People's Car, is an all-weather alternative to the motor scooter.
It meets all safety and environmental requirements, Tata said. And, in these days of escalating gas prices, it gets a respectable 50 mpg and has lower emissions levels than the scooters now produced in India. (NPR)