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The World's Cheapest Car Set To Launch

Posted by: Chris Steins

2 January 2008 - 1:00pm

India's Tata Group is preparing to launch The People's Car -- the world's cheapest car. The Rs 1-lakh will have an initial sticker price of 1000 rupees ($2,500).

Ratan Tata, head of the tea-to-steel Tata conglomerate, will unveil the "People's Car" January 10 at a New Delhi auto show that will carry a sticker price of 100,000 rupees, or 2,500 dollars, which some analysts say could revolutionise automobile costs worldwide."

..."The cheap car, a pet project of Cornell-trained architect Ratan Tata that he helped design, is aimed at getting India's masses off their motorbikes and into cars."

Full Story: India's Tata group set to launch world's cheapest car
Source: AFP via Google News, December 30, 2007
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Bling Cars too

Submitted by maryereynolds on Thu, 01/03/2008 - 07:25.

NPR reported this morning that this company will also buy Jaguar and Landrover; thus covering both ends of the spectrum.
Mary E. Reynolds, AICP

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