Tata Motors to unveil world's cheapest car in Jan

Newswire

MUMBAI, Dec 19 (Reuters) - Tata Motors , which is considered a front-runner to buy Ford Motor Co's luxury Jaguar and Land Rover brands, will unveil the world's cheapest car at an auto show in India next month. Tata Motors, India's third-biggest auto marker will showcase its $2,500 car at the Auto Expo in New Delhi on Jan 10, with a commercial launch planned for later in 2008. The company has promised to sell the car for 100,000 rupees ($2,500) although some analysts say high raw material ...

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