Thursday, February 26, 2009

The Worlds Cheapest Car

Tata Motors (TTM) announced a date today for the release of the Nano. The Nano which will be the world's cheapest car, will be available in India on March 23rd. The car will cost 100,000 rupee, which translates currently to just over $2000 American dollars.

This is a great time to release the car and in a growing middle class market too. The car will sell well for a long time until a competitor comes along that can beat the price.

I own shares of Tata Motors. I bought them because of the Nano. I recommend you to buy shares of Tata Motors since it has been beaten.

2 comments:

  1. Good article and very valuable information. Keep it up!

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  2. very useful information and good article

    ReplyDelete