Friday, November 7, 2008

World Perspective / Photo - 4 [Automotive Disruption]

When the above commercial launched in India for theFrench manufactured Peugeot 206 for $19,900 a few years back, I do not think the automotive industry of the world had any idea what was to come from India's domestic automotive manufacturers:

Tata Nano - $2,500

The reader may want to consider that the dollar's value is comparatively less rather than being more since the launch of the Peugeot while the PPP of India has increased.

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