‘City Car’ – TATA Motors Nano: “looks like the bastard offspring of a one night stand between the Prius and a Ford Aerostar”…

BWAAAAHAAAA!! Gawd I love that line and had to do a post just to share it :0)

Title quote found in comment by  Brian DR1665 on June 09, 2009 at 10:36 AM on CarLust found by way of Glenn at Instapundit..

Video Courtesy of autocar:

From David Colborne’s Nano review at CarLust:

…But wait – it gets better. As numerous news outlets are pointing out, Tata is planning on bringing this little bastion of affordable motoring to the United States. Naturally, this begs the question–will it follow the path laid down by the VW Beetle, burrowing a place into our automotive hearts, or will it simply rust out of our consciousness like the Citroen 2CV?

To help us answer that question, let’s run through the specs:

  • 2 cylinder, 33 horsepower engine
  • 4 speed manual transmission
  • 0-43 mph in 14 seconds
  • Top speed of 75 miles per hour
  • 47 miles per gallon
  • Drum brakes all around
  • Seats four

Nano ‘luxury’ model, with air conditioning!

>But guess what? Someone has already made a ‘car’ smaller and cheaper than the Nano:

the only small car I liked was Laura Holt’s convertible Rabbit on Remington Steele., nifty Cabriolet  ….but that was a German engineered car (and I think they still had electrical problems)…..not a Pelosi engineered shxtbox or cheap collapsible SUBcompact like the Nano…imo… …not for use with NYC cab drivers in the vicinity thats a fer shure

Courtesy of calayo29

More after the break..

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June 10, 2009. Tags: , , , , , , , , , , , , , . Big 3, Economy, Entertainment, Politics, Popular Culture, Uncategorized. Comments off.

AceHQ: GM Reinvention Commercial Parody…

From AceHQ by way of gmretardation

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June 8, 2009. Tags: , , , , . Big 3, Comedy, Economy, Entertainment, Finance, Obama Administration, Politics, Popular Culture, TARP. Comments off.

GM Plants to close…MI, TENN, DE, OH….

1/3rd of GM hourly workers fired with our 50B investment….

WSJ:

General Motors Corp. said Monday it will shutter 17 factories and parts centers by the end of 2011 as part of its plan to restructure under Chapter 11 protection.

The list includes seven factories in Michigan and plants in Ohio, Indiana and Tennessee. Two of the closures had been previously announced, including a castings factory in Massena, N.Y., which closed May 1. Three of the facilities to close are parts centers, and three factories could reopen if market demand rebounds.

The move was expected after GM cut a deal last month with the United Auto Workers as part of its effort to smooth the company’s path through bankruptcy. About 20,000 factory jobs — more than one-third of GM’s U.S. hourly work force — are slated to go under the auto maker’s plans.

The closures also include assembly plants in Orion and Pontiac, Mich., Spring Hill, Tenn., and Wilmington, Del. Stamping plants in Grand Rapids and Pontiac, Mich., Indianapolis, and Mansfield, Ohio, will close. Powertrain factories in Livonia, Flint and Willow Run, Mich., and Parma, Ohio, will close. One idled factory will be converted to a small-car plant where GM will build a subcompact.

SUB compact, as in smaller than a compact???, good grief, maybe TOTUS will give out cars with food stamps cuz I cant see anyone  buying a SUBcompact….

June 1, 2009. Tags: , , , , . Big 3, Economy, Finance, Obama Administration, Politics. Comments off.

Cabal behind the GM Government takeover revealed….

katkars

June 1, 2009. Tags: , . Big 3, Obama Administration. 1 comment.

One for the Road for GM: Inside Look – GM to File Chapter 11 on Monday – Bloomberg

YouTube – Inside Look – GM to File Chapter 11 on Monday – Bloomberg.

May 28, 2009. Tags: , , , , , , , , , , , , . Big 3, Economy, Finance, Obama Administration, Politics, TARP, Uncategorized, Unemployment Statistics, Wall St. Comments off.

Update 2: GM Bondholders accept counteroffer….Breaking: GM to close 14 plants Monday…

Update 2:  CNBC has the details:

..The bondholders will start with 10 percent equity, 7.5 percent more at both $15 billion and $30 billion market cap. GM  will emerge from this deal with $25 billion in secured debt. The offer came Thursday morning from GM and the Treasury Department. However, the move may not stop a possible bankruptcy for GM.

But in exchange for the improved payout, creditors would agree not to oppose a move to sell GM’s profitable assets to a new company funded by the U.S. government in a fast-track bankruptcy process.

The exchange offer will be open to bondholders until 5 p.m Saturday EDT, GM said…

Breaking now, GM Bondholders accept ‘sweetened’ offer, but bankruptcy still a go? developing on CNBC- GM shares resume trading

developing story on CNBC chyron…coming from AP, ugh…..

SOO glad we are spending that 60-70 Billion to save GM …so we can watch all these layoffs anyway….good Gawd almighty….and the pensions will be the next shoe to drop…you and I will carry that unfunded liability as well no doubt…i hearFed Reserve Fisher says  its like 11 trillion theentire unfunded public pensions coast to coast…pfffft!!!

May 28, 2009. Tags: , , , , . Economy, Finance, Politics, Uncategorized, Unemployment Statistics, Wall St. Comments off.

Government Motors: Treasury to take 70% stake in the new GM….

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Warning NYTimes, Highlights include:

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May 27, 2009. Tags: , , , , , , . Big 3, Economy, Entertainment, Motown, Music, Obama Administration, Politics, Popular Culture, TARP, Uncategorized, Unemployment Statistics. Comments off.

WSJ: Govt will provide massive additional financial aid to GM

We have already given GM 19 billion….

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May 26, 2009. Tags: , , , , . Big 3, Economy, Finance, Labor Department, Obama Administration, Politics. Comments off.

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