http://www.autoblog.com/2012/01/03/bajaj-re60-worlds-cheapest-car-tata-nano/



The Bajaj RE60 features a water-cooled 200cc engine with around 20
horsepower, and as a result, the vehicle has a top speed of just 43 mph.
That may not be quick, but the company says there's room for up to four
people indoors or up to 14.1 cubic feet of cargo area with the rear
seats folded flat.





The Bajaj RE60 weighs in at a mere 880 pounds, and the company plans to
offer several fuel variants. Gasoline, liquid propane gas and compressed
natural gas versions will all be available, though buyers won't be able
to get their hands on an RE60 with a diesel engine. So far, there's no
word on price, but we're guessing it'll have to undercut the Tata.