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Cheap cars in India = expensive gas in the States
click above to view more images of the Tata Nano A report at CNN kinda states the obvious, that if the $2,500 Tata Nano proves as popular in India as most people think it will be, there will be a huge increase in demand for gasoline there. And if worldwide demand for oil goes up, the price of gasoline here will go up. Basic economics, right? Well, CNN looks a little deeper, and gets into why we're likely to see higher pump prices soon. The target market for the Nano in India is people who do not currently own cars. That means droves of ... Read more →
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Cheap cars in India = expensive gas in the States 1 year ago on Autoblog
click above to view more images of the Tata Nano A report at CNN kinda states the obvious, that if the $2,500 Tata Nano proves as popular in India as most people think it will be, there will be a huge increase in demand for gasoline there. And if worldwide demand for oil goes up, the price of ...
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