Club Cobra - Nano car bursts into flames

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Nano car bursts into flames

I guess they will be running a fire sale.:LOL::LOL::LOL::LOL::LOL::LOL:

http://finance.yahoo.com/news/Nano-c...07add&ccode=rd

Humm,Flaming Ta Tas.....

Seems like I remember seeing an act in Bangkok one time that had a similiar theme.

I especially liked the comment about how the former head of GM was a step in the right direction since he knows how a car company should perform. Ummm....... Didn't GM go bankrupt?

Quote:

Originally Posted by Joe Wicked (Post 1038863)

I especially liked the comment about how the former head of GM was a step in the right direction since he knows how a car company should perform. Ummm....... Didn't GM go bankrupt?

It is interesting how the automobile market is bouncing back now with Ford and even Toyota seeing increasing sales each month now.

Ford had recently refinanced it's short term credit prior to the financial meltdown, but GM and Chrysler got caught in a bind with their short term financing with the banks in their mess. With the banks screwed up, GM turned to the Government to borrow money (much like Toyota went to the Japanese government to borrow at the same time). It seems to me that GM wanted to borrow money to weather the financial storm, figuring that the automobile market would bounce back (just like it is doing now). But the executive branch of our government found a young man fresh out of finishing his MBA and sent him to GM to look at the situation. GM and it's shareholders did not want a bankruptcy. But the government thought that was a good idea. The government forced out the GM CEO who did not want the bankruptcy. Then it seems to me that the government stole the GM from its shareholders and kept part of it for itself and gave a large share to the UAW.

I suppose the fine fresh out of MBA school fellow who never worked in the auto industry would be a good choice to send over to Tata motors. I think I might go with the veteran auto industry exec...

I can say from experience that TaTa does not necessarily employ the sharpest knives in the drawer.

They have a commitee meeting for each event they must make a decision. Some of the engineers down right scare me when I listen to them.

They made trucks for years, but their technology has been 20 to 40 years behind the industry. Only recently have they embraced accepted technology of today.

:eek:

:confused:

Would the car even close to its present form be legal here in the US with just one wiper, no air bags, and no crash testing? The one thing I do like about it is the 50+ MPG on gas. But even that could change as I don't know if they have the same crappy gas that we have here.

Ron

I don't know about the inner workings of GM and everything, so I don't have any further comments on that. I probably spoke out of turn on the comment anyway.

Ron,
By the time you added all the safety requirements (side air bags, front airbags, etc...) and all of the extra equipment that goes with them, the car would grow a little to fit everything and the weight would go up much more. Making the gas mileage drop significantly.

Joe,

Also the fact that they may still be using real gasoline over there could add to the mileage.

Ron :)

Someone told me that it was common for entire families to travel on a single motorbike over in India. The Nano is probably a huge safety improvement. :JEKYLHYDE

Uhh...don't they own Jaguar and Land Rover now?
Must be the Lucas Electrics! :LOL:

Imagine that, the driver was a software engineer in India?

Shocking

Nano "bursts into flames"?? How did anyone notice?

Anyone notice that NASA is getting brought into solve the Toyota problem? Anyone want to bet its a "units" problem?

Quote:

Originally Posted by bomelia (Post 1040200)

Nano "bursts into flames"?? How did anyone notice?

Anyone notice that NASA is getting brought into solve the Toyota problem? Anyone want to bet its a "units" problem?

I suppose they crash a Prius into a crater on the moon to investigate the problem? :JEKYLHYDE

:3DSMILE:

With NASA working on the Toyota problem, I can just see the future headlines. Toyotas all of a sudden take off into space.

Ron :LOL: