Indians know how to save money...now they will lead the way in saving energy by building small cars.
http://www.nytimes.com/2007/10/12/business/worldbusiness/12cars.html?pagewanted=1&_r=1&hp&adxnnl=1&adxnnlx=1192162820-XYZ54NDhDWf/8nT6mWF5oANEW DELHI, Oct. 11 — A revolution is taking place in India that could change what most of the world drives.
Next fall, the Indian automaker Tata Motors is scheduled to introduce its long-awaited People’s Car, with a sticker price of about $2,500. Hot on its tail may be as many as half a dozen new ultra-affordable vehicles — some from the world’s leading carmakers, including Toyota and Renault-Nissan.
With a median age of just under 25 and a rapidly expanding middle class, India will overtake China next year as the fastest-growing car market, according to estimates by CSM Worldwide, an auto industry forecasting service.
To tap that emerging market, automakers are starting to respond to Indians’ desire for small and cheap cars. As a result, car companies are coming up with new ways to develop and build automobiles worldwide...