Tata: Nano News
Thread Starter
Moderator Alumnus
Joined: Oct 2000
Posts: 16,399
Likes: 8
From: Washington DC (NOVA)
Tata: Nano News
*crosses fingers*
I also think this car is going to severely drive up the price of oil. Now that even the poor/lower-middle class can afford a car for their families they're going to sell like crazy. That's going to clog up the already ridiculously crowded urban streets throughout Asia with even more congestion. The demand for oil in India will skyrocket next year.
Trending Topics
Senior Moderator
Joined: Aug 2002
Posts: 35,218
Likes: 15
From: Swansea, MA
Originally Posted by extremetls
giddy's seem to love it!
They are pissed because the Tata Nano Factory is going to displace their farms... (there's some good info in the link below).
http://www.treehugger.com/files/2008...ata_nano_u.php
No, they are not environmentalists burning the new Tata Nano in effigy, they are protesting the eviction of farmers to build the factory
Let them keep riding sccoters !!
I love the idea of cheap transportation for the masses, but only for people in the US
Tata has been using the "peoples car" phrase alot. You might have heard this before since in german it's pronounced "Volkswagen"
Senior Moderator
Joined: Aug 2002
Posts: 35,218
Likes: 15
From: Swansea, MA
There's some funny comments in this video from the India Times:
http://broadband.indiatimes.com/Auto...ow/2694663.cms
http://broadband.indiatimes.com/Auto...ow/2694663.cms
@ Moog's post!
Race Director
Joined: Jun 2003
Posts: 10,497
Likes: 279
The Model-T of 21th Century? The Nano $2K Car
21st Century - Nano
World's cheapest car is launched
Annotated image of Tata car
<object width="512" height="400"><param name="movie" value="http://news.bbc.co.uk/player/emp/2.10.7938_7967/player.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowScriptAccess" value="always"></param><param name="FlashVars" value="config_settings_showUpdatedInFooter=true&pl aylist=http://news.bbc.co.uk/media/emp/7420000/7423700/7423737.xml&config=http://news.bbc.co.uk/player/emp/config/default.xml?1.3.105_2.10.7938_7967_20090323125300& config_settings_language=default&config_settings_s howFooter=true&config_plugin_fmtjLiveStats_pageTyp e=eav6"></param><embed src="http://news.bbc.co.uk/player/emp/2.10.7938_7967/player.swf" type="application/x-shockwave-flash" allowfullscreen="true" allowScriptAccess="always" width="512" height="400" FlashVars="config_settings_showUpdatedInFooter=tru e&playlist=http://news.bbc.co.uk/media/emp/7420000/7423700/7423737.xml&config=http://news.bbc.co.uk/player/emp/config/default.xml?1.3.105_2.10.7938_7967_20090323125300& config_settings_language=default&config_settings_s howFooter=true&config_plugin_fmtjLiveStats_pageTyp e=eav6"></embed></object>
The Tata Nano, the world's cheapest car, has been launched in India.
Costing just 100,000 rupees ($1,979; £1,366), the Nano will now go on sale across India next month, with deliveries starting in July.
Tata hopes the 10-foot (3-metre) long, five-seater car will be cheap enough to encourage millions of Indians to trade up from their motorcycles.
Tata owner Ratan Tata has described the Nano as a "milestone". Analysts say it will not make a profit for six years.
We wanted a find a safe way to transport Indian families at an affordable price
Tata owner Ratan Tata
Nano: 'Triumph of Indian ingenuity'
Tata's managing director Ravi Kant said that from the first orders, a ballot would then select the initial 100,000 people to get their Nano.
"I think we are at the gates of offering a new form of transport to the people of India and later, I hope, other markets elsewhere in the world," Mr Tata added.
"I hope it will provide safe, affordable four-wheel transportation to families who till now have not been able to own a car."
Environmentalists are warning that the Nano will add to India's already clogged up roads, and pollution levels will soar. Tata says the Nano will be the least polluting car in India.
Factory row
The four-door Nano has a 33bhp, 624cc engine at the rear.
Advertisement
The Tata Nano is unveiled at a press event in India
The basic model has no airbags, air conditioning, radio, or power steering. However, more luxurious versions will be available.
A slightly bigger European version, the Nano Europa is due to follow in 2011, and is expected to cost nearer to £4,000.
Chauffeur Gopal Pandurang
I want to be able to take my wife out for a drive in a car - my own car
Indian chauffeur Gopal Pandurang
Joining the great Indian dream
Send us your comments
Analysts said that if the car proves an immediate hit in its home market, Tata may struggle to meet demand.
This is because the main Nano factory in the western state of Gujarat, which will be able to build 250,000 cars a year, is not due to open until next year.
In the meantime, Tata will only be able to build about 50,000 Nanos at its existing plants.
The delay happened when Tata had to abandon plans to build the Nano in a new plant in the eastern state of West Bengal due to a row over land acquired from farmers.
This caused the launch of the Nano to be put back by six months.
Global slowdown
Even if Tata can sell 250,000 models a year, it will add only 3% to the firm's revenues, says Vaishali Jajoo, auto analyst at Mumbai's Angel Broking.
Advertisement
Inside the tiny Tata Nano (first broadcast 2008)
"That doesn't make a significant difference to the top line," he said.
"And for the bottom line, it will take five to six years to break even."
Yet with seven million motorcycles sold last year in India, Tata is eyeing a huge marketplace for the Nano.
Like almost all global carmakers, Tata has seen sales fall as the global economic downturn has continued.
The firm made a 2.63bn rupees loss for three months between October and December.
In addition, Tata is struggling to refinance the remaining £2bn of its £3bn loan it took out to buy the Jaguar and Land Rover brands from Ford in June of last year.
Source BBC News: http://news.bbc.co.uk/2/hi/business/7957671.stm
World's cheapest car is launched
Annotated image of Tata car
<object width="512" height="400"><param name="movie" value="http://news.bbc.co.uk/player/emp/2.10.7938_7967/player.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowScriptAccess" value="always"></param><param name="FlashVars" value="config_settings_showUpdatedInFooter=true&pl aylist=http://news.bbc.co.uk/media/emp/7420000/7423700/7423737.xml&config=http://news.bbc.co.uk/player/emp/config/default.xml?1.3.105_2.10.7938_7967_20090323125300& config_settings_language=default&config_settings_s howFooter=true&config_plugin_fmtjLiveStats_pageTyp e=eav6"></param><embed src="http://news.bbc.co.uk/player/emp/2.10.7938_7967/player.swf" type="application/x-shockwave-flash" allowfullscreen="true" allowScriptAccess="always" width="512" height="400" FlashVars="config_settings_showUpdatedInFooter=tru e&playlist=http://news.bbc.co.uk/media/emp/7420000/7423700/7423737.xml&config=http://news.bbc.co.uk/player/emp/config/default.xml?1.3.105_2.10.7938_7967_20090323125300& config_settings_language=default&config_settings_s howFooter=true&config_plugin_fmtjLiveStats_pageTyp e=eav6"></embed></object>
The Tata Nano, the world's cheapest car, has been launched in India.
Costing just 100,000 rupees ($1,979; £1,366), the Nano will now go on sale across India next month, with deliveries starting in July.
Tata hopes the 10-foot (3-metre) long, five-seater car will be cheap enough to encourage millions of Indians to trade up from their motorcycles.
Tata owner Ratan Tata has described the Nano as a "milestone". Analysts say it will not make a profit for six years.
We wanted a find a safe way to transport Indian families at an affordable price
Tata owner Ratan Tata
Nano: 'Triumph of Indian ingenuity'
Tata's managing director Ravi Kant said that from the first orders, a ballot would then select the initial 100,000 people to get their Nano.
"I think we are at the gates of offering a new form of transport to the people of India and later, I hope, other markets elsewhere in the world," Mr Tata added.
"I hope it will provide safe, affordable four-wheel transportation to families who till now have not been able to own a car."
Environmentalists are warning that the Nano will add to India's already clogged up roads, and pollution levels will soar. Tata says the Nano will be the least polluting car in India.
Factory row
The four-door Nano has a 33bhp, 624cc engine at the rear.
Advertisement
The Tata Nano is unveiled at a press event in India
The basic model has no airbags, air conditioning, radio, or power steering. However, more luxurious versions will be available.
A slightly bigger European version, the Nano Europa is due to follow in 2011, and is expected to cost nearer to £4,000.
Chauffeur Gopal Pandurang
I want to be able to take my wife out for a drive in a car - my own car
Indian chauffeur Gopal Pandurang
Joining the great Indian dream
Send us your comments
Analysts said that if the car proves an immediate hit in its home market, Tata may struggle to meet demand.
This is because the main Nano factory in the western state of Gujarat, which will be able to build 250,000 cars a year, is not due to open until next year.
In the meantime, Tata will only be able to build about 50,000 Nanos at its existing plants.
The delay happened when Tata had to abandon plans to build the Nano in a new plant in the eastern state of West Bengal due to a row over land acquired from farmers.
This caused the launch of the Nano to be put back by six months.
Global slowdown
Even if Tata can sell 250,000 models a year, it will add only 3% to the firm's revenues, says Vaishali Jajoo, auto analyst at Mumbai's Angel Broking.
Advertisement
Inside the tiny Tata Nano (first broadcast 2008)
"That doesn't make a significant difference to the top line," he said.
"And for the bottom line, it will take five to six years to break even."
Yet with seven million motorcycles sold last year in India, Tata is eyeing a huge marketplace for the Nano.
Like almost all global carmakers, Tata has seen sales fall as the global economic downturn has continued.
The firm made a 2.63bn rupees loss for three months between October and December.
In addition, Tata is struggling to refinance the remaining £2bn of its £3bn loan it took out to buy the Jaguar and Land Rover brands from Ford in June of last year.
Source BBC News: http://news.bbc.co.uk/2/hi/business/7957671.stm
The sizzle in the Steak
Joined: Nov 2001
Posts: 71,436
Likes: 1,877
From: Southern California
Nano coming to U.S.
NEW YORK (Reuters) -- India's Tata Motors hopes to offer the Nano, dubbed the world's cheapest car, in the United States within two years, its chairman said.
"It will need to meet all emission and crash standards and so we hope in the next two years we will be offering such a vehicle in the U.S," Ratan Tata told a panel at the Cornell Global Forum on Sustainable Global Enterprise late Wednesday.
The company plans to offer a European version of the car, which costs about $2,300, in 2011.
Tata got the idea to make a car that poor people could afford while thinking about the motorbike and scooter riders who maneuver through the streets of Indian cities with their children on board.
The four-seater car gets up to 65 miles per gallon. Cheap labor helps to keep the price down.
Tata said his company was also working to develop cars that run on fuels other than gasoline such as clean diesel, biofuels and batteries.
"It will need to meet all emission and crash standards and so we hope in the next two years we will be offering such a vehicle in the U.S," Ratan Tata told a panel at the Cornell Global Forum on Sustainable Global Enterprise late Wednesday.
The company plans to offer a European version of the car, which costs about $2,300, in 2011.
Tata got the idea to make a car that poor people could afford while thinking about the motorbike and scooter riders who maneuver through the streets of Indian cities with their children on board.
The four-seater car gets up to 65 miles per gallon. Cheap labor helps to keep the price down.
Tata said his company was also working to develop cars that run on fuels other than gasoline such as clean diesel, biofuels and batteries.
Senior Moderator
Joined: Jun 2005
Posts: 14,667
Likes: 13
From: NY
I honestly can't see anyone buying this thing here.
Unlike the Smart car, this hunk of plastic doesn't have the cool factor going for it. Even some people with money buy Smarts because they have a little "ooh ahh" factor, but the Nano? Not so much. Fail.
Unlike the Smart car, this hunk of plastic doesn't have the cool factor going for it. Even some people with money buy Smarts because they have a little "ooh ahh" factor, but the Nano? Not so much. Fail.
The sizzle in the Steak
Joined: Nov 2001
Posts: 71,436
Likes: 1,877
From: Southern California
