Tata's $2,500 Car To Be Unveiled Next Month

Tata Motors is expected become the winning bidder for Jaguar and Land Rover in the coming weeks. While the Indian automaker could soon be selling expensive British luxury cars and SUVs, it's also hard at work developing the world's most cheap car.

The cheap car under development is expected to sell for around 100,000 rupees or around $2,500 USD, and it has just announced that it will be unveiled early next month at the Auto Expo in New Delhi. The car is expected have an engine in the rear powering the rear wheels, four doors.