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The Tata Nano, India's $2,500 Car

133 messages,  Last post on Sep 08, 2009 at 8:20 AM

You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires

What is this discussion about? Future Vehicle

2009 Tata Nano First Drive - First Impressions: Not ready for life in America, but a real car nonetheless.(more)


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#94 of 133
Re: The New Citroen [bcoogler] by hpmctorque
May 01, 2009 (4:56 am)
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Replying to: bcoogler (Apr 30, 2009 11:12 pm)

I agree with you on the 2 Chevaux comparison. The Nano also shares similarities with the Fiat Seicento (600) of the '50s, which sold in large numbers.
#95 of 133
Re: The Tata Nano, India's New $2,500 Car [hpmctorque] by sixthflick
May 12, 2009 (2:23 am)
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Replying to: hpmctorque (Jan 11, 2008 10:07 pm)

NOW is the time to buy stock I tell ya. I'm already in and I think my shares were somewhere around $6.41 per share - that's after they had already jumped by $3 per share. I could see this car company getting much stronger and much broader based in a few years. Land Rover and Jaguar will now also be sold in India which they weren't before.
 
Ratan Tata, unfortunately, won't be there much longer though as the Tata Nano was his inspiration. I believe he's been thinking about retirement very shortly. Seeing how it's been in his family line for several generations and how he has no children, I'm wondering who will take control next.
#96 of 133
Re: The Tata Nano, India's New $2,500 Car [sixthflick] by steve_ HOST
May 12, 2009 (7:16 am)
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Replying to: sixthflick (May 12, 2009 2:23 am)

Tradition is that the CEO of that conglomerate appoints the successor. Someone single and who will remain so - you get married to the company apparently.
 
Or so a friend here on a H1B1 visa tells me.
 
How do you buy the stock? Symbol? Exchange? Or did you do an ETF?
#97 of 133
Re: The Tata Nano, India's New $2,500 Car [steve_] by lemko
May 12, 2009 (9:23 am)
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Replying to: steve_ (May 12, 2009 7:16 am)

Ratan Tata can appoint me CEO! I intend to stay single as any man who considers marriage with these divorce laws that overwhelmingly favor the woman is a reckless, self-destructive fool!
#98 of 133
Tata Nano by rickdjkj
May 13, 2009 (2:20 pm)
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Beats my motorcycle for rain driving and just as safe in my opinion.I would buy one or to promote,they could give me one to drive and I could brag about it to bring sales up.I know a lot of people who would be envyus.
#99 of 133
Re: The Tata Nano, India's New $2,500 Car [lemko] by lokki
May 14, 2009 (12:25 pm)
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Replying to: lemko (May 12, 2009 9:23 am)

Ratan Tata can appoint me CEO! I intend to stay single as any man who considers marriage with these divorce laws that overwhelmingly favor the woman is a reckless, self-destructive fool!
 
Uhm, Lemko, buddy..... as much as we like you.... I just can't put the Buick and Nano memes together....
 
It's noble of you to volunteer though, and we thank you.
#100 of 133
Re: The Tata Nano, India's New $2,500 Car [sixthflick] by ateixeira
May 14, 2009 (12:54 pm)
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Replying to: sixthflick (May 12, 2009 2:23 am)

I think you made a good purchase.
 
Think about it - there are a billion people in India and more than than right next door in China. More than half the world's market.
 
They don't need a lot of Buicks. They need cheap wheels, and Nano can meet that need for 10 times as many customers.
 
A decade from now you'll be rich and we'll all be saying shoulda woulda coulda.
#101 of 133
Re: The Tata Nano, India's New $2,500 Car [steve_] by sixthflick
May 14, 2009 (1:09 pm)
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Replying to: steve_ (May 12, 2009 7:16 am)

TD Ameritrade. Shares are selling for low to high 7s right now. They'll go up I'm betting. Traded on NYSE as TTM.
#102 of 133
Re: The Tata Nano, India's New $2,500 Car [sixthflick] by steve_ HOST
May 15, 2009 (7:31 am)
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Replying to: sixthflick (May 14, 2009 1:09 pm)

Thanks, almost as cheap as Ford stock.
 
It may be time to recharge the Are car stocks driving you out of the market? discussion.
#103 of 133
Re: The Tata Nano, India's New $2,500 Car [sixthflick] by ateixeira
May 15, 2009 (7:32 am)
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Replying to: sixthflick (May 14, 2009 1:09 pm)

I wonder if buying Jaguar was a good move, though. Every former owner has lost money and I don't see how that's gonna change any time soon.

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