Tata hopes to make Billions by selling Millions – Tata Nano, the World’s cheapest car, officially entered market today

March 23, 2009 at 4:52 pm

(Source: Jalopnik)

Pre-orders are officially being taken today for the Tata Nano in India at an MSRP of 100,000 rupees (just under $2,000). That makes the Nano officially the cheapest automobile in the world.

The on-road price will be a little bit higher, probably around $2,400, once you factor in excise duty, education fees and road tax, along with transportation cost, local taxes, insurance and registration fees and “a lifetime parking fee” (applicable in some locations).

The Autoblog says “due to the huge demand expected for the car, the automaker has created a special process for reservations. A computer will randomly choose the first 100,000 customers that will have the opportunity to purchase a new Nano. Deliveries are scheduled to begin in July, but in the meantime, Nano-intenders will soon be able to accessorize their life with appropriate accoutrements, including a Nano phone, wristwatch, and t-shirts.”
Click here to read the entire article.

Secret Service to offer parking lessons for officers? – Jenna Bush’s Secret Service Vehicle Towed For Unpaid Tickets

March 23, 2009 at 4:41 pm

(Source:  Baltimore Sun/Investigative Voice via Jalopnik)

First Daughter and current South Baltimore teacher Jenna Bush‘s Secret Service detail vehicle was towed away this week because of unpaid parking tickets… and karma.

 According to Investigative Voice, the Baltimore Parking Authority towed one of the vehicles in Jenna Bush‘s Secret Service detail because of several unpaid parking tickets. Click here to read the rest.

TransportGooru’s musings:  I wonder if the tax payers have to bailout another Bush mess?

It’s raining $$$ in Vance, Alabama – Rumormill: Mercedes-Benz expected to expand Alabama plant

March 23, 2009 at 11:05 am

(Source: Autoblog

Last week, we told you how despite the downturn, Daimler is upping its investment in the state of Michigan, coming to terms with the city of Ann Arbor to build a new hybrid and electric R&D facility. Now, Automotive News is reporting that the automaker is expected to actually expand its Vance, Alabama production plant.

If the rumors are true, the Mercedes-Benz plant (which currently builds GL, M, and R class vehicles) will benefit from a $290 million investment that is to begin within 60 days. The news evidently leaked out after company officials contacted the Tuscaloosa County Industrial Development Authority about property and sales tax breaks (which it apparently received).

Click here to read the entire article.

He drove cars for everyone, but never owned one for himself! Finally his dream comes true – World’s cheapest car hits Indian market

March 22, 2009 at 11:46 am

(Source: BBC)

He has worked as a chauffeur for top businessmen in Pune and Mumbai – ferrying them around the country, to important meetings in big, fancy and expensive cars.

He has sat behind the wheels of dozens of cars, from an old British Morris to the Land Rover he’s driving now.  It’s been an honest, hardworking life – albeit austere.

Gopal Pandurang

The salary of a driver in India can only afford you so much. Mr Pandurang has worked hard to support his family – putting his children in English language schools, so that they would get opportunities he never had.

He’s never been the kind of man to want anything for himself, working night and day to feed his family instead. But throughout his life, he has had one dream: to own a car of his own.

Last January, Mr Pandurang and his family watched in awe and excitement as the unveiling of the world’s cheapest car was broadcast on television screens across India.

They were sitting in the living room of their modest flat when they first saw Ratan Tata, the boss of the Tata Group, announce on national television that the Nano would be sold for 100,000 Indian rupees – around £2,000 at the current exchange rate.

“I was shocked” says Rakhee, Mr Pandurang’s 24 year old daughter. “It was like God had answered our prayers – we could finally help to make dad’s dream come true.”

Click here to read the entire article.

U.S.Transportation Secretary’s Latest Blog — High-speed rail: an engine of growth

March 20, 2009 at 2:07 pm

(Source: Fast Lane, The offical blog of the U.S. Sec. of Transportation)

March 19, 2009

I’ve been focused this week on talking about livable cities, but I don’t want anyone to think we’re ignoring inter-city travel.

If you read any news at all about transportation in the past 6 weeks, you know about the $8 billion American Recovery and Reinvestment Act investment we’re making in high-speed rail (HSR). I’ve been hearing from many enthusiastic rail advocates, and news outlets across the country have been writing editorials championing HSR. More importantly, there is a growing list of states and cities that want to get working on this right away.

Let me remind anyone who doesn’t already know it that I’m from Peoria, Illinois. So, when I consider rail, my first thoughts are of the old Rock Island Rocket that ran to Chicago in my youth. That train, with its GM Electro-Motive engine and its legendary speed, dominated the imaginations of me and my friends.

People rode the Rocket because of the convenience and efficiency it offered. And, with the ARRA high-speed rail investment, President Obama and I want to develop a 21st century equivalent of that efficiency and convenience.

Click here to read the entire post.

President Obama Announces $2.4 Billion in Funding to Support Next Generation Electric Vehicles

March 20, 2009 at 1:40 pm

(Source: U.S. Department of Energy; Photo Courtesy: MANDEL NGAN/AFP/Getty via Autoblog)

DOE Support for Advanced Battery Manufacturing and Electric Vehicle Deployment to Create Tens of Thousands of U.S. Jobs

On March 19th, President Barack Obama announced the availability of $2.4 billion in funding to put American ingenuity and America’s manufacturers to work producing next generation Plug-in Hybrid Electric Vehicles and the advanced battery components that will make these vehicles run. The initiative will create tens of thousands of U.S. jobs and help us end our addiction to foreign oil. Americans who decide to purchase these Plug-in Hybrid vehicles can claim a tax credit of up to $7,500.

“This investment will not only reduce our dependence on foreign oil, it will put Americans back to work,” President Obama said. “It positions American manufacturers on the cutting edge of innovation and solving our energy challenges.”

While visiting Southern California Edison’s Electric Vehicle Center, the President announced the following:

  • The Department of Energy is offering up to $1.5 billion in grants to U.S. based manufacturers to produce these highly efficient batteries and their components.
  • The Department of Energy is offering up to $500 million in grants to U.S. based manufacturers to produce other components needed for electric vehicles, such as electric motors and other components.
  • The Department of Energy is offering up to $400 million to demonstrate and evaluate Plug-In Hybrids and other electric infrastructure concepts — like truck stop charging station, electric rail, and training for technicians to build and repair electric vehicles.

 

Click here to read the entire DOE press release. Or, Click here to read the President’s remarks.  Shown below is Part I of the video from the event, courstey of  You Tube (Part I & Part II).

Paris Announces Ambitious New $25 Billion Rail System (“Greater Paris” Initiative)

March 20, 2009 at 1:21 pm

(Source: The Transport Politic); Photo Courtesy: The Infrastructurist)

New circular route around city core would improve suburb-to-suburb commuting


On March 17, Christian Blanc, France’s minister of Development in the Capital Regionannounced that the state would invest 15-20 billion Euros over the next 10 years for the construction of the world’s longest automated rapid transit line, at 130 km and with 60 stations. The minister made the announcement of the state’s commitment at a day-long presentation of proposals by architects for “Le Grand Paris,” an attempt to unite the city and the surrounding suburbs through governmental reforms and infrastructure improvements. The Paris’ city core is currently cut off from its suburbs by a ring road.

There’s been a lot of talk in recent months about the potential for a new transit line that would circle the city without entering it because of the growing number of suburb-to-suburb commutes, the continued development of the dynamic business center at La Défense on the west side of the city, the creation of science and technology cores in the south at Saclay and in the north at Le Bourget, and the continued need for improving the social equity between the poor northeastern sections of the suburbs and the wealthy western areas. RATP, the city’s mass transit authority, has proposed a project called Métrophérique, and the region of Ile-de-France has proposed the Arc Express; both projects would ring relatively closely to the city’s outer limits and hit the densest areas of the suburbs.

Click here to read the entire article and to check out the proposed route maps.

Survival instinct: UAW backs Chrysler-Fiat partnership

March 20, 2009 at 1:05 pm

(Source: Autoblog)

 

According to The Detroit News, the United Auto Workers is giving its blessings to a potential Chrysler-Fiat tie-up. Chrysler honcho Bob Nardelli earlier pegged the possible union as a $10 billion bonanza for Chrysler, since the Pentastar would save money on developing a range of platforms, engines, and cars. The UAW’s interest is, of course, the job savings: the partnership has been said to be worth 5,000 jobs that might otherwise be lost.

Click here to read the entire article.  On a related note, here is a video of the Chrysler CEO, Bob Nardelli, making a case for this tie-up (video courtesy – You Tube):

 

Brookings scholar articulates the connections between housing and transportation and the need for integrated planning

March 20, 2009 at 10:12 am

(Source: Brookings Institute)

Brookings Senior Fellow Robert Puentes tells a House Appropriations panel this week that “how and where we build in the future carries far-reaching implications for the health of our environment, our energy security, and our economic recovery and will continue to impact our metropolitan areas’ success and our ability to compete globally.”

Unfortunately, the U.S. track record here is not good.  Puentes’ research shows that between 1980 and 2000, the growth of the largest 99 metro areas in the continental U.S. consumed 16 million acres of rural land, or about one acre for every new household.5Indicative of this outward sprawl is the fact that more than 70 percent of the 100 largest metros’ recent population growth over the same period of time occurred outside of principal cities—the largest and most established cities within each metro in terms of population and employment.

Click here to read or download Mr. Puentes’ testimony to the House Appropriations panel.  Shown below is the read-only version of the PDF document.

US Treasury offers $5 billion financing plan to aid struggling auto suppliers

March 19, 2009 at 11:58 am

 (Source:  Detroit Free Press)

The Obama administration announced today a $5 billion financing plan to aid struggling auto suppliers, the first move by the president toward a broader rescue of the U.S. auto industry.

The Supplier Support Program will use a trickle-down method of funneling the money through Detroit automakers to their direct suppliers. General Motors Corp. and Chrysler LLC will take part, but Ford Motor Co. has yet to decide whether to participate.

The Treasury Department said the program was not meant to save every firm, saying that “the failure of certain suppliers is a natural, albeit painful, part of the business cycle.”

“But as the restructuring process moves forward, the Administration is committed to helping stabilize the industry, protect American jobs, and give consumers the confidence and the means to purchase cars,” the Treasury said in a statement.

Michigan lawmakers hailed the plan. Rep. Sander Levin, D-Royal Oak, said the program was a “valuable first step.” Sen. Debbie Stabenow said the plan was “a very significant sign that they understand the importance of suppliers, and they want to help.”

With industry analyst firm Grant Thornton predicting last week that up to 500 U.S. auto suppliers are on the brink of failure, rescuing the auto supply chain had risen to the top priority for the Obama administration’s auto task force. The weakest U.S. sales in four decades triggered massive cuts in production over the past few months, leaving suppliers struggling for cash.

Click here to read the entire article.