The Maverick Chronicles

The Automobile industry around the world is in doldrums along with the rest of the world economy. The most recent victims being General Motors and Chrysler. Now, the Obama administration has declared that it won't allow the American auto industry to vanish. That's some claim, I must say what with crisis written all across the number plate for the industry. The Obama administration has already told Rick Wagoner, Chariman & CEO, GM to go. In the last four years of Wagoner's leadership,GM lost $82 billion.Of course, Chrysler is again in the pits.How it wished Mr. Iaccoca was here to save it, but even he would have been helpless in this situation now. The automobile industry has had this coming since a long time especially the Americam automakers. Even when the world economy was booming, the Top 3 US auto companies were churning up losses left,right and centre. But Ford transformed itself one and a half-two years back after staring at bankruptcy whereas GM thought it coul...

So finally the day has dawned upon the aspirational Indian: The Launch day of the TATA Nano. The car every two wheeler riding middle class family man was waiting for. The car will hit the showrooms today.There will be three versions-The base version,the one promised by Mr. Tata and other 2 higher versions. The higher versions it seems would have all the goodies but the power steering it seems is going to miss out.The bookings are going to commence on the 9th April till the 25th April. The Nano will be sold to the first 100,000 buyers at a price to be announced later . The delivery of the first lot of Nano cars will begin in early-July and that applications for booking of the car would be available in 30,000 locations in 1,000 cities across India. Of course, there are some Indians in this great country of ours who will be kicking themselves sore and cursing their political parties for losing the Nano project from their state. While the land of the traders & businessmen would be p...