India's Tata Motors Unveils The World's Cheapest Car

With the flash of cameras and oohs and aahs from the crowd, Indian company Tata Motors last Monday launched what is billed as the world's least expensive car, six years after it was conceived and six months behind schedule.

The Nano will start at $2,200 after taxes and dealer costs, while the more expensive CX and LX models with heat, air conditioning and power brakes will go for as much as $3,800.

Here's a video of the presentation.



(thanks Cora)