Wednesday, June 27, 2007

How a $3000.00 Indian car could destroy America?

What if Tata sold a couple hundred million cars in India?

If you've been following the automotive news lately, then you've been hearing a lot about Nissan's quest to build a "people's car", a $3,000.00 automobile for India's growing, aspiring middle class. While emerging markets, especially Indian and China, appear to a large extent to be the future for automakers, can the world survive this future?

"India just can't cope with this kind of pace of expansion," said Anumita Roychowdhury, associate director at the New Delhi-based Centre for Science and Environment.

"It's just not sustainable, whether from an environmental point of view or in terms of congestion." (more)

India? What about America?

What if by 2020, America is even more dependent upon foreign oil, as are an additional 50 million Indians and Chinese? How about 100 million more? How about coupling this with ever-increasing tensions in the Persian Gulf, Venezuela and Nigeria. What will the cost of foreign oil dependency be then?

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