[sustran] Take a deep breath...
Carlosfelipe Pardo
carlosfpardo at gmail.com
Fri Mar 27 17:06:51 JST 2009
Full text in:
http://www.economist.com/business/displayStory.cfm?story_id=13381522&source=hptextfeature
The new people's car
Mar 26th 2009
From /The Economist/ print edition
Why the Nano alone cannot solve the mounting problems of its maker
IS THE Tata Nano the car the world has been waiting for, its launch this
week a moment not only of automotive history but of real social
significance? Or will it prove to be no more than a dazzling digression
for its troubled maker? Fifteen months after its unveiling at the Delhi
motor show, the cheapest and most talked-about car of modern times has
gone on sale. The plainest version costs 1 lakh (100,000) rupees
($2,000), as promised by Ratan Tata (pictured above), the head of the
Tata group and the driving force behind the project. At half the price
of the next cheapest car on the market (the aged Maruti 800), the Nano
will bring car ownership to people who would never previously have
considered it. But it has not been an easy gestation.
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