The indian auto maker, Tata motors launched the "people's car", Nano for less than $2,000. (100,000 rupees). Forget air conditioning or power window. If you want them, you have to pay extra.
Nano comes with the 2-cylinder engine which enables the car to have the top speed of 105 kilometers per hour (appr. 60mph) it's fuel efficiency is also stunning 23.6 km/liter (55.51mpg)
http://tatanano.inservices.tatamotors.com/tatamotors/
Are we ever going to see a car like this around where we live? Probably not. But, this is definitely going to be revolutionary for folks in India. Mr Tata believes that this is just the beginning..