weblog #15 India's ultracheap car arrives with load of uncertainties

The news of Tata, the company of small cars, is not new. Their design and idea of Nano unveiled last year opened a new page of automobile manufacture industry. Nano is not only small but also cheap. The biggest advantage is that its emission is specifically low, which makes it be labeled as the most environmental-friendly car ever. Other car companies saw the business and started to make plans, too. However, everyone is still on looking, waiting for Tata to make the first move. If Nano didn’t sell well, the others plan will be done in vain, and that is what they are worried about.

Nevertheless, there are some analysts saying that Tata is delaying their employees’ payments because of the tight financial condition. Although the company denied and claimed that everything is fine, there is surely some sort of harm on the company’s reputation. The question of whether they will succeed added some uncertainty. Because of the low price and low emission, Nano may be the hope of saving everyone out of depression. If Tata can deal with the problem well, they might go on their road of success smoothly and bring the economy out of this terrible global recession.