The car is being built by the Tata Motor Company - a French company in India - whose risk profile is said to be in danger of increasing if it pulls off the deal it's tring to broker to buy off Jaguar and Land Rover from Ford.
TTFN
Monday, January 07, 2008
New Car for the Environment
You won't be able to buy and use one here, of course. But Europeans are looking toward a new car with a price tag of $7,000 that runs on compressed air, at speeds approaching 70 mph, at a cost of $3 per 125 miles. Apparently, the company that will be making them already sells buses that run on compressed air.
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