During this tough economic times people look at the cost effective things. One such thing every one looks at is Cars. Here is the compilation of least expensive cars on road today:

1. Tata Nano : Tata Nano, the much-awaited 'People's Car' from Tata Motors, was launched in Mumbai on March 23, 2009. The four-door car, Nano has a 623cc engine and a mileage of 23.6 km per litre.As promised by Tata Group chairman Ratan Tata, the base version of the Nano has been priced at Rs 100,000 or about $2,000. This price, however, will be for the first 100,000 cars. Thereafter the price might rise.

2. Chery QQ3:Chery Automobile, the Chinese car manufacturer, is a name to reckon with in the Chinese passenger car industry. Its Chery QQ3 is a city car that hit the market in 2003. In China, it is sold for 29,000-50,000 Remnibi, while internationally it is priced at $5,000

3.Maruti 800: The most popular entry in the small car segment in India since 1983, Maruti 800 has wooed Indians for over two decades.This four-seater has an 800cc engine, great fuel efficiency and low maintenance cost. Tagged at $5,200

4.Merrie Star: Made by China-based Geely Automobile, Merrie Star is a four-door sedan. Priced at $5,500, it was launched in 2005

5.S-RV Mini SUV: Launched in 1998, the HQ or Haoqing S-RV belongs to the HQ series by Geely Automobile, China. This five-door, five-seater is very roomy, which makes it a great travel companion. It is equipped with adjustable pitch seats, luxury dashboard and state-of-the-art security system. The basic model is priced at $5,780.

So, its indian and chinese cars which dominate this segment of least expensive cars. These two worlds highly populated countries are gaining their international share in car segment.