Tata Nano ...in USA...... at FinGad.com

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Categorie: Emerging Markets
Submitted about 1 month ago by

Rajiv , An Investor... at Bank Of Baroda....migrating to USA

Friends, In context with what I wrote in my last few post the news that I read and has pasted here for fingad...is the testimony of my view that if oil is going to go up and up then who will be buying those big cars which uses lots of Gas and gives a very low Mileage of just 15-20/gallon?While all these cars are available not below $14500, i.e Chevrolette Aveo,the cheapest one then while others come in a category of over $20k......In India , an industrial house named Tata Motors has made a new brand car which cost just $2500 !and the production will start as early as this year.....It may happen that it may cost $3000-3500 in USA but then also it will become the cheapest in USA......The car is named as "Tata Nano".....and they will also be exported....to foriegn countries. Days are not far that people will , maybe use 2 cars , one for whole family going out for Picnic or outing and other for going to take for a job as while going to job a ca... More...

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#1 | Liz @ about 1 month ago User Rank : 662 Portfoilo Balance: $216,918.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: small cars, as we call them the 'city cars' - the smallest the better ;) oil consumption is low, easy to travel on the road, parking is easy too. Very suitable for the ladies! Tata Nano is really cheap, i'd like to get one too...!
#2 | Rajiv @ about 1 month ago An Investor... at Bank Of Baroda....migrating to USA User Rank : 132 Portfoilo Balance: $83,000.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: Liz, Tata Nano is starting online booking......for Tata Nano I am talking about..... Tatas to drive Nano online Sutanuka Ghosal KOLKATA TATA Motors is looking to use the ecommerce platform to market Nano, which is slated to hit the road by early-October. The company, it is learnt, will start online bookings for Nano from September. The company has no immediate plans to issue any new Nano dealership. Instead, it has asked its 190-odd existing dealers nationally to upgrade their stores to create an ambience for Nano. Sources said Tata Motors will use autojunction.com, an e-commerce portal from mjunction Services, to market the Rs 1-lakh small car. mjunction Services is a 50:50 JV between SAIL and Tata Steel, and specialises as a business process improvement company. “In all probability, TML will create a site of its own for online booking of cars as well,” sources added. When contacted, Tata Motors spokesperson Debasis Ray told ET: “It is premature to comment on modes that Tata Motors will adopt for marketing or bookings of Tata Nano. The company has not made any decision or announcement. As for distribution, Tata Motors has a nationwide network of dealers, which naturally will be deployed for Tata Nano as well.” The company can reduce the distribution cost by deputing one dealer to deliver the responsibility of online bookings in each city. The buyers can show their booking copy and drive away the car having the dealer as a mere point of contact. The company will directly send the list of bookings to the dealer so that the task becomes easier for him.
#3 | Liz @ about 1 month ago User Rank : 662 Portfoilo Balance: $216,918.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: That's cool! Thanks for the information. You have any idea when Tata Nano will be entering European and Chinese market?

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