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Sunday, August 17, 2008

In India, Cheap Car Will Challenge Two-Wheelers

It is billed as the world’s cheapest car — and the world is eager for it to hit the streets of India.

The Nano, which was announced in January and is expected to debut later this year, is the first in a wave of extremely cheap cars intended to put a multitude of new motorists behind the wheel for the first time. It carries a basic price of 100,000 Indian rupees, or roughly $2,500, about half the current cost of its nearest rival.

I added this post after reading robert108’s post on Pelosi’s energy proposal. With all the politicking of our problem with oil in this country. I would think that our members on Congress would be looking to the future and determining what trials we face in obtaining available oil. What do we hear instead from the GOP....stand aside and we will fix the problem. Not information that the American people can use to help them push for off-shore drilling or info they can use to understand the problem we face with more demand for oil by other countries and how that will effect us.
The article shows that with India ready to produce a very cheap car. The increase in demand for oil in the near future is going to be much higher. Per an CNBC discussion I listend to last week, the manufacturer, are also in talks with China to produce the car there for the people of China. The rise in demand will be over the top. 
Yet our Congress is placing the oil problem in the politcal column on how to scare the American people into voting for their party. The American people need to hear how the increase for oil in other nations will effect our capability of obtaining what little available oil there may be in the future. Unless we start producing our own resources, we are in for a major hurt in this country. What we hear instead is how WE need to cut down on our consumption and everything will be peachy keen. Cutting down on our oil consumption is a good start but will not relieve the pressure for the dwindling available oil. Now I know how the Romans felt while Nero played his fiddle. The full article is listed below.
http://www.npr.org/templates/story/story.php?storyId=92289904&ft=1&f=1001

Comments

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$2,500.  Hmmm, really?


"Here lies, in honored glory, an American soldier, known but to God.”

The times, they are a-changin’...
Bob Dylan

pparets on August 17, 2008 at 07:52 pm
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