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smartcat
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Joined: 29/Mar/2007
Location: India
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Posts: 4243
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   Posted: 10/Jan/2008 at 11:10am |
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I have a friend who owns a Bajaj Pulsar - and he drove all the way to Sikkim and Arunachal Pradesh on his bike. There are many crazy people like him - the Tata Nano is not for such people.
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investor
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Joined: 06/Sep/2006
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Posted: 11/Jan/2008 at 1:39pm |
But theirs is still a prototype. Commercial launch is atleast 2-3 years away.
Originally posted by equity analyst
bajaj auto is coming with 3000$ car with nissan.
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The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!
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investor
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Posted: 11/Jan/2008 at 1:40pm |
...and bips as well!! 
Originally posted by tigershark
john abraham will continue to love bikes |
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The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!
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investor
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Posted: 11/Jan/2008 at 1:42pm |
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The official site:
http://www.tatapeoplescar.com/tatamotors/
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The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!
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johnnybravo
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Joined: 17/Jan/2007
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Posts: 533
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Posted: 11/Jan/2008 at 3:41pm |
Originally posted by xbox
Originally posted by basant
What are the chances of a motorcycle owner taking over to this car. India sells 7 million motorcycles/scooters each year and only around 1 million cars!
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I feel that bike buyer will not simply come to Nano just becoz this is cheap. Comparing bike to Nano is unfair just becoz prices are similar.
Nano is not for bikers. It is for entry-level/low-income car buyers. |
We are talking about two categories of people: 1) One who love biking 2) One who are forced to bike due to economic conditions. What this car targets is type II not I. India still does not have a satisfying offering for people who fit type I. Also number of people in Type II are more than in Type I. Its indeed sorry at times to see an entire family of 4 going on a bike when its raining. This car will change their aspirations. Anyways, Bikers will buy cars when they get married :)
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bharti
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Joined: 25/Dec/2007
Location: India
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Posts: 262
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Posted: 11/Jan/2008 at 4:58pm |
Some questions:
a. will this car become a replacement for Bajaj auto-rickshaws and may be some taxi-walas? I heard that auto-rickshaw costs some where around 1.4lac. If that happens, pity for Bajaj!
b. Can we hope to get more concessions(eg. in terms of registration fees, road tax......) for this 'People's Car' or 'Aam Aadi's car' in the coming budget? remember this budget is expected to be a populist budget with elections around the corner.
c. Would majority of college going students curerntly using bikes or people getting new jobs( say upto around 3-4 lac category) prefere this?
d. Would this dramatically become a choice as a second car for well-off people who may generally prefer first car atleast say costing 3 lacs or more - may be for their wives etc.?
Regards,
Vishal
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
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Posts: 4243
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Posted: 11/Jan/2008 at 5:11pm |
The good looks of the car means that a Mercedes Benz owner too might buy this car for his 18 year old daughter on her birthday.
It might appeal to some college going guys and youths on their first job too. Because a car can always be "pimped" - meaning one can add a larger inch alloy wheels, wider tyres, projector headlamps, spoilers & wings, sunroof and a MP3 player with a massive sub-woofer and what not. All this junk can be added over a period of time - so it doesn't hit a person's bottomline either.
But anyway, it is too early to say anything. It all depends on how the car drives.
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
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Posts: 5966
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Posted: 11/Jan/2008 at 5:12pm |
I hope one day Tata comes out with a "negligible-polluting" car. Next waves of innovation and advancement for the world will come from Asia, so why not?
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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