$2,500 Tata Nano Unveiled - India's "The Peoples Car"

[Alastor]

After months of rumors and tantalizing leaks -- and as we first told you earlier this week -- Indian automaker Tata Motors has finally unveiled the Tata Nano -- its already legendary $2,500 (1-lakh)car. As expected, the car that Tata claims will change the face of not only the Indian car market, but the global auto industry will be a four door, five seat hatch, powered by a 30 HP Bosch 624 cc four stroke engine mounted out back and mated to a CVT. That makes the Nano the first time a 2-cylinder gasoline engine will be used in a car with a single balancer shaft. The Nano's also expected to get 54 US miles per gallon.

Full Article: Tata Nano: The $2500 Tata Nano, Unveiled in India