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...Tata Motors intends to launch a new model that will be so inexpensive, the company hopes it will trigger a revolution in car ownership, not just in India but throughout the developing world. The planned vehicle is called the "one-lakh car" because, Tata says, the rear-engine, 600-cc, four-door sedan will cost a lakh, or 100,000 rupees. At current exchange rates, the sticker price would be the equivalent of about $2,500. That's $3,000 less than India's current cheapest new car, and on par with the costliest motorbikes...
...father had been an operator at India's National Thermal Power Corp., a job that paid well and enabled him to give all his four daughters a good education. Pravin wanted to keep Smita the way her father had. His motorbike, a black-and-gold 97-cc Hero Honda Splendor Plus, cost him just over $1,000, a fortune considering he made just a few hundred dollars a year. "I told him it was not affordable, not needed," says his father Vijay. "He said he needed it to get to the fields. The young these days-they want more luxuries...
...Tata's answers is the $2,200 car, a four-door, rear-engine runabout he designed himself that's currently under development. Another is the Ace, a 700-cc truck that Tata Motors sells for less than $5,000; it's a runaway success. Purchases of these vehicles are supported by low-interest consumer loans from Tata Finance. Tata's hotel chain is building 200 hotels across India under the Ginger brand, offering air-conditioned rooms with wireless Internet access for 1,000 rupees ($22), one-twentieth of the cost typically paid by business travelers today...
...became the first Iranian woman to compete against men in any sport; from participating in a race at the capital's Azadi Stadium; in Tehran. Despite a recent fatwa allowing women to race against men, stewards prevented Seddigh from entering the driver's seat of her 1,600-cc Peugeot just 206 minutes before the race, citing "security reasons." Seddigh, the 2005 champion of Iran's once all-male racing circuit, scoffed that racing officials "were afraid that I would win again...
...Bramble's theme is inclusiveness. Women are welcome, as are younger riders. So are those who may be embarrassed about the power or quality of their bike. "We don't care what someone's riding," says Bramble, "whether it's a 250-cc or a motor scooter." Bramble happens to have a fine set of wheels-a Honda ST 1300-but there's not a trace of pride about him. He taught himself to ride when he was 13 and spent most of his 25 years in the police force on motorcycle patrol in Sydney and the Hunter Valley. Riding...