An Indian auto manufacturer plans to sell a two-cylinder, 5-passenger automobile for just $2,500. Some predict that the Tata Nano will become the Model T of the developing world.
Flickr photo by bbjee.
Of course, some government officials worry that selling affordable cars to Indians will cause too much congestion and parking problems. Only the government would think like that. Imagine how ABC, CBS, and NBC would react if someone found a way to make televisions more affordable: “O woe is us! More affordable TVs will just make the demand for quality television higher.”
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