They said it couldn't be done! The world’s cheapest car has a starting price of about $2000 in its home market of India. Pictured is a more expensive version for already-emerged markets. Tata, owner of Jaguar and Land Rover, would like to establish its own worldwide brand. Hence, the Nano. It’s a rear-driver with the engine tucked behind the rear seat. Tall but almost two feet shorter than a Mini Cooper, the Nano is very light and will have to be beefed up to meet U.S. regulations. In India, the Nano has a 35-hp two-cylinder engine. European and U.S. versions are likely to get a 60-hp, 1.0-liter three-cylinder with a five-speed manual. Did you know that an Indian firm own Jags and Rover? TATA was not even in the car business 6 year ago! That's the speed of the game these day. But come to think of it Branson (above) owned a record shop; then an airline and now he's a Galactic space cadet (flights to the States from Gatwick for 99 dollars - don't put it past him)!