World’s Cheapest Car is on Road Now!!

World’s Cheapest car also called People’s car from TATA Motor’s  is on road from today (23 rd March 2009) – A proud product from Tata.

The tiny car measures about 3.1 metres, has one windshield wiper and is outfitted with a 624-cc rear engine. It will cost buyers about 100,000 rupees, or US$2,050.

“The Nano represents the spirit of breaking conventional barriers. From the drawing board to its commercial launch, the concept, development andproduction of the car has overcome several challenges,” Tata chairman Ratan N. Tata said at a news conference.

“I hope it will provide safe, affordable, four-wheel transportation to families who ’til now have not been able to own a car. We are delighted in presenting the Tata Nano to India and the world.”

In these tough economic times, the car offers the best mileage for any car in India, according to the company’s website. It boasts fuel efficiency of 23.6 km/litre, as certified by the Automotive Research Association of India.