Tata Unveils World's Cheapest Car

Thursday January 10, 8:16 am ET
By Gavin Rabinowitz, Associated Press Writer India's Tata Motors Unveils $2,500 Car, Bringing Car Ownership Into the Reach of Millions NEW DELHI (AP) -- India's Tata Motors on Thursday unveiled the world's cheapest car, bringing new mobility within the reach of tens of millions of people and nightmares to environmentalists, traffic engineers and safety advocates.

Is this for real? It will be more expensive a year to drive this than to buy it!

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