Tata Motors unveils the $2,500 ‘People’s Car’

January 11, 2008 | Source: PhysOrg.com

Indian company Tata Motors has unveiled a tiny vehicle that is also affordable, safe, and fuel-efficient: “the People’s Car,” aka “Nano.”

The Nano, which can get up to 54 mpg and seat four people, will go on sale for $2,500 (1-lakh) in India later this year.