As promised earlier, India's Tata Motors Ltd today unveiled the world's cheapest car at the 9th Auto Expo show in New Delhi, India.
Dubbed the "people's car", the four-door Tata Nano costs only Rs 100,000 (about $2,500/ £1,300).
It is powered by a 33-bhp 624 cc rear-wheel drive, all-aluminium, two-cylinder, multi-point fuel injection petrol engine. According to reports, the car gives about 23 km per litre of petrol.
The Standard version
It is definitely a no-frills car with no air conditioning, no power windows or power steering and comes with only one wing mirror. The dash board only has a speedometer, a fuel gauge and an oil-warning light.
The Luxury version
It is expected to be in dealers' showrooms by September.
Read their press release.
It seems that there were some "Protests over 'World's cheapest car' by Tata" as well.