It is being called the world’s cheapest new car. Priced at just ,500 – the makers of India’s Tata Nano says it aims to meet the needs of the country’s growing middle class. But critics say the Nano will lead only to more congestion on India’s roads, and increase air and noise pollution. Matt McClure [...]

US car makers are shutting down factories in a bid to avert collapse, but foreign firms operating in the southern US are managing to keep their heads above water.