NEW DELHI (AFP) — India's giant Tata Group Thursday unveiled what it has billed as the world's cheapest car -- a compact and no-frills family vehicle set to revolutionise the market of 1.1 billion people.
The four-door five-seater car, due to hit the market later this year at just 100,000 rupees (2,500 US dollars), has a small 33bhp 624cc engine at the rear and is targeted at Indians hoping to trade up to four wheels from a motorcycle.
The Tata 'Nano' -- which looks almost exactly like a Smart -- has no air conditioning, no electric windows and no power steering for the basic model, although two deluxe models ...
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