Tata unveils its new, sub-$1000 car for the domestic market. It gets 50mpg, due to its tiny 33hp motor, but there will be a projected 10 million cars similar to this sold over the next five years in India, as incomes rise.

Most people on this planet are getting richer, which is great. At least for those people, and for now. We’ll see how it goes in the long run…

Photo from a BusinessWeek article about the Nano.

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This entry was posted on Thursday, January 10th, 2008 at 11:08 am and is filed under environment, profit, technology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.