plunge Archives | AutoDepot

Filed under: Etc.

grand canyon

Veering off the road is a scary event. Veering off the road that runs around the rim of the Grand Canyon is downright terrifying. Typically, a scenario that involves the terms “Grand Canyon,” “automobile” and “plunge” usually end with the phrase “the fat lady has sung.” For one particular 21-year-old man, that luckily doesn’t seem to be the case.

Stating that he “accidentally drove over the rim,” the driver and his vehicle dropped 200 feet before winding up snagged in some trees. The man climbed back to the top of the canyon’s rim, flagged down help and was treated at an area hospital for non-life-threatening injuries. This leads us to believe the vehicle in question was either a Canyonero or the driver’s bones are made up of a mixture of horseshoes and rabbit’s feet. In any case, we’re glad he made it out alive.

[Source: AZ Daily Sun | Image: kasyhap_hc/Flickr CC 2.0]

21-year-old driver survives 200-foot plunge into Grand Canyon originally appeared on Autoblog on Wed, 27 Apr 2011 17:31:00 EST. Please see our terms for use of feeds.

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Filed under: Car Buying, Budget, India, Tata

2011 Tata Nano CX

2011 Tata Nano CX – Click above for high-res image gallery

The Tata Nano was such a hot commodity when it entered the Indian market that Tata Motors felt compelled to hold a lottery to determine the first 100,000 customers. A reported 70,000 copies of the $2,500+ econobox have been sold to date, but November apparently didn’t budge that number much.

Bloomberg reports that only 589 Nano models were sold in November; a minuscule total for a mass-market car. Tata CEO Carl-Peter Forster reportedly blames a lack of financing options as the reason customers aren’t buying. Forster claims that the Nano is popular with customers who currently use a bike or motorcycle for transportation, and the feeling is that banks fear that extending a loan to a lower income buyer could bring increased risk of default.

But while bank loans are one problem, another issue could stem from the fact that the Nano has been in the news for catching fire. That’s definitely not a desirable feature, and we’re thinking that customers who plunk down their life savings for their first vehicle don’t want their low-cost car to turn into a pricey car-b-que. The ‘no loans’ theory sounds even less likely after hearing that overall Tata sales in November were 54,622, up one percent year-over-year. And the icing on the cake? Tata has also raised the price of the Nano twice over the past few months; $198 in October and four percent back in July. That’s about $300 more than the car sold for at launch.

Gallery: 2011 Tata Nano CX: Quick Spin

[Source: Bloomberg]

Report: Tata Nano sales plunge to just 589 units in November originally appeared on Autoblog on Thu, 02 Dec 2010 11:28:00 EST. Please see our terms for use of feeds.

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