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Monday, May 24, 2010

Geely To Build Car Cheaper Than Tata Nano


India's Tata Motors has milked the Nano minicar's 'most affordable' status for a ton of press, but it might soon hand the title belt over to a new challenger. Geely from China reportedly got its own ultra-frugal compact in the works for 2010.

Called the Geely IG, it's expected to bring a $2,250 price tag and a 1.0-liter, 70 horsepower motor to the party.

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