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

133 messages, Last post on Sep 08, 2009 at 8:20 AM
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2009 Tata Nano First Drive - First Impressions: Not ready for life in America, but a real car nonetheless.(more)
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Replying to: sixthflick (May 12, 2009 2:23 am) 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? |
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Replying to: steve_ (May 12, 2009 7:16 am)
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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. | |
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Replying to: lemko (May 12, 2009 9:23 am) 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. |
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Replying to: sixthflick (May 12, 2009 2:23 am) 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. |
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Replying to: steve_ (May 12, 2009 7:16 am)
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Replying to: sixthflick (May 14, 2009 1:09 pm) It may be time to recharge the Are car stocks driving you out of the market? discussion. |
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Replying to: sixthflick (May 14, 2009 1:09 pm)
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Replying to: ateixeira (May 15, 2009 7:32 am) The Jaguar name still carries cache in India, and - fortunately for Tata - not enough of the middle class could afford them during the 70's, 80's and 90's for their reputation to be tarnished. Jaguars have always been beautiful cars unless you actually knew someone who owned one Additionally, while other markets may be subliminally bothered by Indian ownership of the once British Jaguar, I think that Indian customers will see that as a good thing for India and Jaguar. Buying a Jaguar can now take on a patriotic angle just as the Big 3 loyalists have pushed. So, if Tata can keep problems down on their new models, they may be able to build their market without having to really try to compete more heavily in the U.S. or Europe. I don't know, but I'm betting that Lexus isn't strongly establised in India, nor is BMW or Cadillac. Mercedes, is of course, everywhere there's money. Bottom Line - I think that Tata may have been a buyer that brings more opportunity to Jaguar than any other buyer could have. FWIW.... you'll still need $4 to buy a cup of Starbucks coffee, after listening to my opinion. |
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Replying to: lokki (May 15, 2009 8:00 am)
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The Tata Nano, India's $2,500 Car