Is it true that TATA is manufacturing a car for middle class people, for just Rs.1 Lakh only? ($2300)?

Imagine what this will do to the BIKE industry???





Where can I see a picture of this poor man's car???Is it true that TATA is manufacturing a car for middle class people, for just Rs.1 Lakh only? ($2300)?
yes...it is manufacturing a car for a lakh..slated to be out in 2008..even BAJAJ..a bik manufacturer has accepted dat d car will affect d bike sales,,so it also has plans to manufacture a 'poor man's car'Is it true that TATA is manufacturing a car for middle class people, for just Rs.1 Lakh only? ($2300)?
Tata is not mfg. a car for 1 lac. They are planning to manfg. a car for Rs. 100000/-.


Bike ind. not to worry. Parking and repair and repair charges of bikes are low.


All has a right to grow at low.


I can not show you a picture of this car. TATA.
Yes the car to be manufactured has its plant at Singur west bengal tata plant is situated over there.The car to be manufactured would cost around 1 lakh as stated by TATA officials but recently Ratan Tata head of Tata group


stated that many competitors are trying to create problems.Already farmers are againsts it in Singur for allocation of land to TATA group


Also the steel prices are too high to release the car .It might give a jolt to Bike industry in india at start but i feel its too early as earlier statements issued says that the folllowing features will be absent as compared to any poor man car


There will no air conditioner .


The engine will be less powerfull as compared to 800 cc maruti that means difficult to drive at hill stations


A model as released by media is still not released might be in september-october this year we might get a glimpse of it
Yes.It is true.
yes its true and wats more is that it is to cost something less than even 1lac.
ofcourse! it is true...up to media %26amp; publicity..


But when they deliver their products?how many years they need for that??


Suppose that car may come in to market after 2 or 3 years, then they will change the price according to new rates of raw material cost, new rates of production cost...so totally the rate may hike 4 or 5 times.


Have you forgot ?what happend in case Maruti cars??


Sanjay gandhi Planned to deliver a car for Just Rs.25,000/


Later..what happend? when the car came in to market??
YES
yes, thats absolutely true.





And also it is meant for the middle class and


there is no doubt that its going to cause a major hit to the BIKE industry but not to forget the present scenario in west bengal the AGRICULTURE industry.





If it is going to go at this rate I really don't understand what will people do when all are able to own more than one car but have nothing to eat....
yes TATA is manufacturing a car for middle class people to look high class people.
yes it is true TATA is planning to bring ti to market by 2008


the 600cc car will be avilable in AC, power steering,power window.yhe engin is placed at the back of the car.