INTRODUCING the world’s cheapest car. ” India’s Tata Motors on Monday launched the world’s cheapest car, the Nano, hoping to revolutionise travel for millions and buck a slump in auto sales caused by the global economic crisis. Company boss Ratan Tata said the no-frills vehicle, slated to cost just 100,000 rupees (2,000 dollars) for the basic model, will get India’s middle-class urban population off motorcycles and into safer, affordable cars.”