
Will the Tata Nano finally race down India’s streets in 2009?
"Tata Motors has delivered 2,475 units of its small car Nano, billed as the world's cheapest four-wheels, within 15 days of its commercial roll-out."
http://www.business-standard.com/india/news/tata-motors-delivers-2475-nanos-in-15-days/16/04/69750/on
Background:>
But its launch was delayed after Tata Motors shifted production to Gujarat state in October due to violent protests by farmers unhappy with the compensation given for their land in West Bengal state.
http://in.reuters.com/article/topNews/idINIndia-35840520081008
The attacks in Mumbai came as a tragic end to the year for Tata -
http://in.reuters.com/article/businessNews/idINIndia-36808320081201
Will plans to roll out the 100,000-rupee car in India hit another hurdle in 2009? Wait and watch.
Settlement details:As reported by a major mainstream news source.
- Activity: H$68,460 |
- Predictions: 40 |
Comments: 2
Suspend date: Mon 30th Nov 2009 2:59am PST
Settlement date: Thu 3rd Sep 2009 8:35am PST
Initial likelihoods: Yes: 50%
Action history:
http://www.business-standard.com/india/news/tata-motors-delivers-2475-nanos-in-15-days/16/04/69750/on
Suspend date: Mon 30th Nov 2009 2:59am PST
Settlement date: Thu 3rd Sep 2009 8:35am PST details
Predictions (40)
Comments (2)
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"The company has unveiled a lottery system for prospective buyers of the first 100,000 cars, which it said will hit the roads in July."
http://www.telegraph.co.uk/motoring/5036999/Indias-Tata-Motors-launches-Nano-worlds-cheapest-car.html
So maybe we shouldn't settle quite yet...the first cars haven't actually gotten to the buyers, have they?
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