New Indian car announced at $2500 brand new.

http://timesofindia.indiatimes.com/All_eyes_on_Tatas_Rs_1_lakh_car/articleshow/2681795.cms

1/7/2008 10:58:05 PM

This is not for western markets, ok.....



[Edited on January 7, 2008 at 11:00 PM. Reason : bha]

1/7/2008 10:59:31 PM

ok

1/7/2008 10:59:47 PM

Quote :

"This is not western for markets, ok....."

1/7/2008 11:00:32 PM

I did an edit on that ^

1/7/2008 11:01:39 PM

But I'm an asshole ^

1/7/2008 11:02:31 PM

It has like a 30HP engine or somethingl ike that in it.

1/7/2008 11:36:05 PM

Quote :

"Friedman says, the Rs 1-lakh car is anything but a cheap copy of America's worst habits. In absolute terms it is undoubtedly inexpensive: it is the cheapest car ever made. In 2007 US dollars, it is less than 15% the cost of a Model T Ford and less than 25% that of the VW Beetle7. But it is still more than three times India's per capita income whereas the cheapest car in the US market (a Chevrolet Aveo costing approximately $11,000) is less than 25% of US per capita income. In relative terms the Rs 1-lakh car is not inexpensive in India. This is no 'bottom of the pyramid' product."

http://www.rediff.com/money/2008/jan/04tatacar.htm

[Edited on January 8, 2008 at 12:10 AM. Reason : imp]

1/8/2008 12:06:41 AM

fyi, ford is considering selling jaguar and land rover to this same company. its true.

http://www.msnbc.msn.com/id/22499466/

1/8/2008 12:52:53 AM

Ford lost its financial sense a long time ago

1/8/2008 8:59:47 AM