Peel P50 - The World's Smallest Car from exchange traded funds canada Watch Video

⏲ Duration: 6:49
👁 View: 1.2M times
✓ Published: 18-May-2024

Description:
MEASURING in at just 100cm tall - and 99cm wide - the Peel P50 is reported the world’s smallest car to ever go into production. The three-wheeled microcar was originally made from 1962 to 1965 by the Peel Engineering Company and was listed in the 2010 Guinness World Records as the smallest production car ever made, with a weight of just 59 kilograms. Of the 50 P50s ever produced, only 27 are still known to exist today. Canadian, Greg, is one of the owners of these rare cars, and he told Future Studios Cars: “The P50 came out of the Isle of Man, basically the concept was a little car that you can use in the city”. With its DKW 49cc engine, the P50 has a top speed of 37mph and 4.2 horsepower. “It’s a one-seater with one headlight - I also love how it has three wheels, the back wheel is the one that is driving it with a chain from a little moped engine,” Greg said. With its uniquely small size, the P50 is not the most practical car to use. “There’s no reverse because you have to get out of the car and go around to the reversing handle, pick up the car and turn it around then get back in,” explained Greg. Although this is undoubtedly a small car, it has a big history. Greg said: “There was a Russian freighter that came into the port of Vancouver, they used it to drive around their huge freighter on the deck but then the refrigerator broke so when they came back, they traded this car in on a refrigerator”. Today, these cars are incredibly difficult to come by and are incredibly expensive - in 2016, a P50 was sold at auction for over $176,000.