The world's cheapest car : 2500$ - Tata Nano

Tata Motors on Thursday launched the eagerly awaited car and christened it Tata Nano.

The Rs one lakh car is the world's cheapest mass-produced car from the indian car company.

The features of the car are:

- The Standard Variant of the Car has a dealer price of rupees one lakh (US $2500) (Transport costs and Value-Added Taxes exclusive)
-A four-door car that can seat four-five passengers.
-As compared to Maruti 800, it is 8% smaller on the outside but on the inside it provides 21%more leg space than the Maruti 800.
-It conforms to all the Emission standards as well as the Offset and Side Crash norms followed internationally.
-It is also compliant with the Bharat 3 norm and the Euro 4 norm with respect to keeping pollution at bay.
- A 33-bhp car with a 624 cc engine.
-It will provide a mileage of 23 km/litre.
- The Nano Car will have two variants - a Standard as well as a Deluxe (Air Conditioned) versions.
- There is no power steering in the car.

Personalities told:

Andreas Prinz (Volkswagen Group Sales India Managing Director): "The Rs one lakh car is a good decision and a good intention, but as far as Volkswagen is concerned producing a Rs one lakh car is a pure no because meeting the quality standards and safety is not feasible at all in such a model..." Echoing similar attitudes, General Motors President and Managing Director Karl Slym said: "Every car has its own buyers and I am sure this car would also have its set of customers, but this segment does not excite us."