Tata has unveiled the world's cheapest car, priced at about $2.5K. Looking at this machine, I can't help but conclude that this economic downturn is a blip on the screen. Clearly, consumption is still in fashion.
If every soon-to-be-middle-class family in India gets one of these, I think Al Gore's speaking revenues have a good chance of skyrocketing. The peak oil folks have to be loving this. But hey, it does 0 to 60 in less than a half a minute, although with the air conditioning on that might be tough. God knows we all need air conditioning.
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