Tata

The Tata Nano will be released to the market equipped with a standard 624cc gas engine that produces 30 horsepower and works with a 4-speed manual transmission. As we stare at those shockingly low numbers many of us are wondering what they are thinking. However, this car is perfect for those who only have to fork over $2,500 for a brand new car.

Hybrids are quickly becoming the must have vehicle. Some want them because they are friendly to the environment. Others want one just to say that they have the latest and coolest car on the market. Still there are flaws with every car that makes it a little less desirable.

Ford officially announced today “focused negotiations at a more detailed level” with the Indian carmaker Tata in regards to selling off it’s ownership of both Jaguar and Land Rover. The high end British manufacturers have been on the auctionblock for some time now, though this announcement effectively eliminates the two other competing bidders - Mahindra & Mahindra Ltd and One Equity Partners LLC.

Just when you thought inflation had hit every market, leave it to India to build the world’s cheapest (insert anything you want here). Ratan Tata, the Henry Ford of India, is fulfilling his promise of “The People’s Car” by promising to unveil it next month at the Auto Expo in New Delhi.