$4,000 car from GM ...but not for us!
A $4,000 car from GM?
8/18/2009 12:01 AM ET
The company sees a market for an ultra-low-cost compact, a segment automakers are focusing on after the plunge in sales in North America and Western Europe.
General Motors is targeting the emerging ultra-low-cost car market with plans for a compact for around $4,000, possibly producing it in Asia.
The segment is attracting increasing attention from manufacturers eager to keep sales momentum in developing markets following the sharp slide in car sales in North America and Western Europe.
"When Tata Motors in India came out with their $2,500 Nano vehicle, it put a lot of automakers on the spot," said Nick Reilly, GM's new executive vice president of international operations.
Tata Motors started shipping the much-promoted Nano to domestic customers in July, with a base price of just under $3,000, and executives have talked of selling versions of the car in other emerging markets and in the U.S. and Europe.
"We are not going to make cars that cheap because that is really a specific car for a very specific market that has different emissions standards and specifications than markets like the U.S. and Brazil," Reilly said at a media briefing Friday in Brazil, GM's third-largest market by sales, after China and the United States.
"So we are looking at lower-cost vehicles but do not know yet where it will be made or where will it be sold, though most likely in Asia," he said.
More:
http://articles.moneycentral.msn.com/SavingandDebt/SaveonaCa...
Perhaps GM can take a note from Germans...
East Germans that is. They should just build those old Trabant junkers, and be done with it. That's what socialists using proto-fascist mechanisms only seem to be good at producing: the lowest common denominator JUNK.
Never will I buy anything Guvment Motors, as long as they have a stake in it, be it the current 61%, or 2%.
Argh, those rotten Statist-Collectivt NWO douchebag sycophants. They cannot leave the planet soon enough. Perhaps karma would be a bitch and they can all re-incarnate as one of those bugs that only live for a day, re-produce and die. Certainly gives new meaning to, er... meaning of life. Live for a day, f*ck, then die. May be concerned Patriot might just accidentally swat them 1min before check out time. Would that be too cruel? Well... then, perhaps the Rockefellers and the Rothschilds can share that day-only life of procreative ineptitude, and reincarnate in perpetuity. A GroundHog Day of Karma, on eternal repeat. Hell, they're already inbred degenerates any way. What would it matter, whether they continue the trend as insects?
But I GroundHog digress.
Obviously, emissions in
Obviously, emissions in India are not as nasty as emissions here.
But that's a good price, eh? You could trade in your clunker for $4500, buy a new car, and pocket the $500 change.
these cars cost $2,000 in
these cars cost $2,000 in india. no matter how much of a "piece of trash" you think this car is, we need cheap cars like it here. most kids who are putting themselves in debt by buying expensive cars and getting loans for college need an alternative. the "emissions" standards and air bag laws that keep this car out of our market need to go.
by the way, there goes a ton more jobs to asia.
Hungry? Out Of Work?
Eat Your GM
THE MORE I LEARN ABOUT GOVERNMENT
THE MORE I LOVE MY GUNS
FourWindsTradingPost
THE MORE I LEARN ABOUT GOVERNMENT
THE MORE I LOVE MY GUNS
FourWindsTradingPost
The turkeys make another car
The turkeys make another car that is much less expensive than the ones here. I rented one in Brazil that would sell well here. It's been around for several years down there. It's called the Celta.
These cars will be sold out...
With the cash for clunkers program, this car will be free.
because of different market and emission standards?
what? getting your car up to standard cost 10k?
Message to gubment
Cease your legislation of our carriages, some of us do not need conveyances outfitted the way you think proper.
Begone from our priavte affairs, you busybodies
I'll buy a 3000 dollar s---box. Remember 'Chevette'?
'Live for yourself, there's no one else more worth living for,
Begging hands and bleeding hearts
Will only cry out for more...'
'Live for yourself, there's no one else more worth living for,
Begging hands and bleeding hearts
Will only cry out for more...'
lp: I am sure that Ralph Nader is waiting if they do..
try to sell that piece of trash here.
So?
It should be well within my right to purchase whatever configuration of machinery I wish, for whatever purpose I wish, so long as I aggress against or cause harm to no one else.
I can buy a used Chevette. Why can I not buy one of these bodacious Tatas?
'Live for yourself, there's no one else more worth living for,
Begging hands and bleeding hearts
Will only cry out for more...'
'Live for yourself, there's no one else more worth living for,
Begging hands and bleeding hearts
Will only cry out for more...'
'Because The Masters Have Decreed That It Is So'
Is why not.
'Live for yourself, there's no one else more worth living for,
Begging hands and bleeding hearts
Will only cry out for more...'
'Live for yourself, there's no one else more worth living for,
Begging hands and bleeding hearts
Will only cry out for more...'