Nano or NONO!!

World Events; I take interest in things overseas that could possibly effect us here in North America. Its good to know whats happening even if its on the other side of the world. On my search through world events I came across the new Nano car in India. "For many, the Nano has become a symbol of hope and freedom" for a country that relize on motorcylces, scooters and bikes and can only dream of one day owning a automoblie, in a country where gross domestic product per person is only US$2,900 a year, every worker will eventually be able to afford their own four wheels and a roof. "Certainly the present economic situation makes it more relevant to the buying public," company chairman Ratan Tata said. there is a downside to this very inexpensive Nano it does not have any safety features which would make it hard to become availible in North America. The car has just one windshield wiper, tubeless tires, and none of the safety features like airbags and antilock brakes standard in other models. It has a 623-cc, 2-cylinder engine that cranks out about 30 horsepower. The car maybe be suitable for such countrys overseas but for brittan and North America its the low end.Tata bought luxury automakers Jaguar and Land Rover from Ford Motor Co. last year for US$2.4-billion. The company borrowed to fund the purchase and is seeking to refinance the loan as sales of its bread-and-butter trucks and buses fall.
The Stakeholders are Tata and the country of india also anyother consumer due to the safety features and the enviorment.