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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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#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.
#104 of 133
Re: The Tata Nano, India's New $2,500 Car [ateixeira] by lokki
May 15, 2009 (8:00 am)
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Replying to: ateixeira (May 15, 2009 7:32 am)

My guess is that they're targeting a new market for Jaguar and Land Rover.... that is: India.
 
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.
#105 of 133
Re: The Tata Nano, India's New $2,500 Car [lokki] by ateixeira
May 15, 2009 (8:03 am)
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Replying to: lokki (May 15, 2009 8:00 am)

Funny how the tables have turned, no?
#106 of 133
Re: The Tata Nano, India's New $2,500 Car [ateixeira] by lokki
May 15, 2009 (9:20 am)
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Replying to: ateixeira (May 15, 2009 8:03 am)

This will probably be deleted for being off topic so read fast ateixeira.....
 
It's interesting to compare the ultimate outcomes of the effects of colonial power as exercised by various European powers.
 
Those places where the Brits took over seem to have (on the whole) done better than colonies of the French, the Germans, the Spanish, or the Americans.
 
India and Hongkong, compared to Vietnam, and so forth.
 
One theory that I've heard has to do with the inherent laziness of the Brit's sent out to run the Empire . Seems the French and the Germans LIKED accounting and bureaucacy in general. Enjoyed it, you see. The Spanish let the church run all that stuff, as long as the gold kept coming out. But the Brits... they were lazy.
So they established schools to teach accounting and government, and then let the colonys do all the heavy lifting. After all, a day acting as a Judge or a postman is so dreary when you could be out hunting tigers or playing polo, old chap!
 
So when the Colonial Powers left, the Brits left schools and functioning government bureacracies behind them, since they were being run by the locals anyhow. They may have changed governmental philosophies, but the mail still got delivered, and the court systems worked.
 
The French left great restaurants (LOVE Vietnamese food), the Germans, great armys (see the Boer wars), and the Spanish...well, tacos and bullfighting . The Americans left shoe fetishists (see Imelda Marcos).
 
Am I banned yet?

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