Wednesday, March 18, 2009

India -- Tata Motors a cool emerging company

New Delhi/Mumbai: The social networking era has become a great aid for the Tata Motors' Nano sale buzz to flourish in the online world. The Nano campaign, prior to its release, has been intensified through its extension to networking sites like Facebook and Orkutmaking the 'world's cheapest car' known to a larger mass.

The company targeted the online audience through its own portal,, but the networking sites triggered a gushy response with people from all over the world asking for a similar car in their land too, reports Mint. Darlene in Facebook said, "Please bring this car to Toronto, Canada!!!" while Luis recommends the manufacturer to make the car in Columbia. "You guys should make the Nano in Colombia since it would be a good place to produce them; we are in the middle of the American continent so it can be easily transported anywhere from Canada to Argentina at a lower cost," Luis said.

Click here to read more about this cool story.

Also... if you happen to be interested in Tata Motors (TTM), a company which happens to making a car which will cost between $2500-$3000 here's a bit from Yahoo Finance and how the ADR listed in the states has been performing.

TATA MOTORS LIMITED manufactures commercial and passenger vehicles primarily in India. It offers passenger cars; multi-utility vehicles; and light, medium, and heavy commercial vehicles, including mini-truck, light two-tonne truck, heavy dumpers, ... click here for more from Yahoo Finance

Might be a decent buying time for a company with a very attractive Div & Yield of 0.35 (8.90%).