Chinese manufacturer Geely has unveiled a city car set to be cheaper than the Tata Nano - which could make it the world's cheapest car.

Known as the Geely IG, it has four seats and could cost as little as £1,500 when it goes on sale in China in 2012. The Tata Nano, which has yet to hit the UK but is expected in 2011, costs around £2,500.

Despite the small price tag, the tiny IG is unusually flamboyant - it has top hinged 'gullwing' style doors, just like the Mercedes SLS supercar.

Ge...


Continue reading ...