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Old 10-03-2012, 10:35 AM   #8
rambleon84
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Quote:
Originally Posted by funktional View Post
I don't think they're meant for the US market........I think they are meant for emerging markets like India and China, to compete with the Tata Nano type POS cars on the road.
Quote:
Originally Posted by azdamay View Post
They are meant for developing countries. That was the thrust of the article -- no one else has been able to successfully tap that huge market of potential car buyers.
Exactly;

"in many underdeveloped countries, car ownership at any age remains more of a dream than a reality. In India, only 38 people out of 1,000 owned a car in 2010, compared with 808 people per 1,000 in the U.S., according to one study. "

That's 80% for the US and only 3.8% in India. You bet they want to cash in on that market.
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