TATA NANO: world's cheapest car

The people's car is priced at 1 lakh Rupees i.e $2500/£1,300.
Top speed: 70km/hr
Engine rear-mounted 623cc, 33bhp multipoint fuel injection engine
Transmission continuous variable transmission
Fuel consumption 50mpg
Body sheet metal with crumple zones
Extras air conditioning and airbag optional. No radio, no power steering, one windscreen wiper