$2.5k to $8k: Regulations Will Cost More Than Car
DETROIT (AP) -- The world's cheapest car ($2,500) is being readied for sale in the U.S., but by the time India's Tata Nano is retrofitted to meet emissions and safety standards, it won't be that cheap. Tata Motors already has made a European version of the four-seat car that will cost about $8,000 when it debuts in 2011, and a Tata Technologies official said privately that the U.S. version is expected to have a comparable price.
Thanks to Michael Kelly.
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