Tata launches lottery for Nano buyers

/article/20090323/COPY01/303239937/1204

The lottery system works when demand exceeds supply.

However, in a downturn, when supply exceeds demand, the results will be felt immediately.

In fact, here the current domestic system works better as there is a 6 to 8 week buffer so that minor economic fluctuations are avoided.

Short and sweet -- no system handles the business implications of a financial crisis like the one that we have now.

Tags:

0

Shares

ATTENTION COMMENTERS: Over the last few months, Automotive News has monitored a significant increase in the number of personal attacks and abusive comments on our site. We encourage our readers to voice their opinions and argue their points. We expect disagreement. We do not expect our readers to turn on each other. We will be aggressively deleting all comments that personally attack another poster, or an article author, even if the comment is otherwise a well-argued observation. If we see repeated behavior, we will ban the commenter. Please help us maintain a civil level of discourse.

Newsletters