Paul Meyer Buys Houses

Tata Motors NANO car for $2500 (TTM @ $20) what a buy!

I’m so impressed that a car company in India has pulled something off that us big ego U.S. car makers would never try, build a smaller cheaper more affordable car. This company is going to fly in price currently very undervaluated at $20. If the car maker plans to build 250,000 Nano cars at $2500 on just the lowest priced one that is $600 million in revenue alone. Growth is certain that these people need cars, having one will increase productivity, creating a stronger economy. Remeber? Our cars built our economy in the beginning. This could be a big start for India’s Tata motors vision “the People’s car”. For more information check out the full article and specs here.

4 responses

  1. The “people’s car” is a wonderful example of India’s mid-20st Century mindset and its squandered chance at 21st Century development. My short essay on this can be read at http://memestreamblog.wordpress.com/2007/10/12/india-going-nowhere-fast/.

    MBJ

    January 11, 2008 at 11:01 pm

  2. I understand how you can say that. India is a 3rd world country “emerging” right now. They are going to have to progressively work themselves out of their socialist-like government and become capitalist like the early car makers to really increase the stardard of living.

    even if “IF” they have the current mindsets of 2nd world country they are doing and thinking the right way to increase production, wages, and the overall quality of life EVEN if pollution rises. they’ll have to fix that just like we have to fix america daily (even though we don’t, we enjoy getting fat, watching tv, and driving our big cars)

    -well written essay. i’ll give you that, but only looking at it from a negative point no optimistic in it at all.

    -fn

    January 12, 2008 at 3:41 am

  3. I don’t know how to drive, but a car selling for only $2,500 will prompt to learn.

    January 21, 2008 at 2:33 am

  4. Very true Allat. A $2500 car would make many interested in it and having one.

    January 21, 2008 at 4:29 am

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