Thursday, January 10, 2008

New Car for $2500: Tata Motor's NANO People's Car

In Delhi India this morning, the People's Car was unveiled. Pictured here is the luxury edition. According to the BBC, it costs about $2500 for the standard edition.

The Tata Motors website notes that the 2-cylinder engine gets good mileage and passes the standard crash tests.

Imagine paying only $2500 for a new car. A person could buy and sell 10 of them over a period of years and not pay more than $25K for the set.

GM, are you paying attention?

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