A new car is one of the most expensive purchases most Americans will make. Here's proof that you don't have to break the bank to get a nice, new vehicle.
General Motors is launching new entry-level trims for four of its popular models that slash prices by removing some content but mostly seriously cut into dealer margins. The changes let the brands advertise segment-leading prices to attract potential buyers into showrooms.
Ford makes surprise $650 car announcement - click above image to watch the video
Click above for more high-res shots of the 2007 Chevrolet Aveo
Chery A-1: 5-door hatchback. China. $7,340
After the introduction of the Tata Nano, lots of people began wondering what is going to happen when a lot of people in developing countries have enough money to afford a cheap car. While Tata tried to alleviate concerns of the Nano-boom by saying that the Nano is cleaner than most motorbikes that are running on Indian roads right now, the truth is that low-cost motoring helps developing the car