Tata Nano is world's cheapest car

India's Tata Group unveiled Thursday a $2,500-car billed as the world's cheapest amid predictions the no-frills compact could revolutionize how the nation of 1.1 billion people travels.The launch of the Tata Nano was a landmark in the history of transportation, like the first powered flight by the Wright brothers or the first lunar landing, said 70-year-old tycoon Ratan Tata, head of the giant conglomerate.Tata, likened by India's media to US automobile pioneer Henry Ford, also dismissed fears the Nano -- so-called to appear both high-tech and small -- would herald more congestion and pollution.
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