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World Cheapest car sold for $ 4.5 million

World News

21-09-2011 | 08:26

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World Cheapest car sold for $ 4.5 million

Tata Motors, Indian manufacturer of Nano car, the cheapest in the world, unveiled the newest gold and jewel-encrusted $4.5 million new model, India today website reported.

The website added that the India-based company, reputed for manufacturing what is known as “the people’s car”, made the vehicle out of 80 kg of 22 carat gold and 15 kg of silver.

The bejeweled vehicle is estimated to be worth $ 4.5 million and will be displayed in all Tata stores. A normal Nano car is usually sold for a retail price of $ 2 thousand, making it the cheapest in the world.

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