India car company Tata Motors is launching the worlds cheapest new car. $2,000 for the bare bones edition. There will also be an electric edition. In the current economic condition this might do very well, where as originally this idea was scoffed at. America loves its luxury, speed and options. At a time where people have to choose between their house or Lexus payments, or worse, thier apt or SUV payments this car might have a chance here till the economy picks up and it will.
The 2k version only goes 60 mph and will not contain many luxuries. I'm sure there will be 3k and 4k versions that have extra power and sound extras.
For sure this car will do better in Europe, Asia and India than the US but the fact that there is a chance of sales here is a big deal for Tata Motors and has made their launch possible.
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