It is easy to look at Tata’s (TTM) new mini-car, which will sell for $2,500 in India, and laugh. It is smaller than the Honda (HMC) Civics which came into the US in the 1970s.
Detroit laughed at the Civic as well, laughed itself sick.
The Tata "Nano" would not meet US emissions standards, but the engineers at Ford (F) and GM (GM) can make cars that run on H20, so why not fit a tiny engine with anti-pollutant technology?
US drivers are not going to take a wee car onto the interstate, but for the millions of people who commute to work, or just drive around town, a small car would be ideal Something that might get 100 mpg.
Could Detroit make money on such a vehicle? Perhaps not. But, it could buy a modified version from Tata.
Think of the advantages. If the car gets a flat tire, the drive can just pick the vehicle up and put it in his pocket.
Douglas A. McIntyre
In 20 Years, I Haven’t Seen A Cash Back Card This Good
After two decades of reviewing financial products I haven’t seen anything like this. Credit card companies are at war, handing out free rewards and benefits to win the best customers.
A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges.
Our top pick today pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply before they stop offering rewards this generous.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.