"Who will gain from the ongoing troubles at the Big-3 automakers in the US?" asks growth stock specialist Brandon Clay.

In his Invest with an Edge, the growth stock advisors takes a look at Tata Motors Ltd. (NYSE: TTM) which is expected to launch the world's cheapest car. Here's the advisor's review.

"Tata Motors is part of one of the largest manufacturing entities on the planet, will soon release the world's cheapest automobile in the United States.

"Debuting at $2000, the Tata Nano is set for a July 2009 delivery. Tata already has 1 million reservations for their mini-car. If they could deliver, it would easily become the best-selling car this year.

GM (NYSE: GM) does not like to be trumped. Last week, India's Tata Motors (NYSE: TTM) launched a car that costs about $2,500. It is geared to consumers who only have money to drive motorcycles now. The vehicle may sell well in India, but Tata understands that it could be exported to other emerging markets like Russia and China.

GM does not need any more competition in emerging countries. With its sales flat to down in the U.S. market, the company says its goal is to have 75% of its sales from outside America in just a few years. To do that, GM will need cars to fit the markets, not just versions of GM cars that it can build and sell abroad.

According to The Wall Street Journal, "GM's Asia-Pacific chief is working on developing a car for emerging markets that could play in the sub-$4,000 price range, as the company looks to compete with auto makers that are already building cheaper cars."

The plan may look good, but only if GM can find facilities and a workforce that is cheap enough to build a super-low-cost vehicle at a profit. With wages rising in China and India due to increased demand for products from these countries, the job may be difficult.

GM may want to be in the $4,000 car business, but it is not clear that it is a business which GM can afford.

Douglas A. McIntyre is an editor at 247wallst.com.

As if Detroit didn't have enough to worry about, Tata Motors (NYSE: TTM) has unveiled its long-awaited super-cheap car at the Auto Expo in New Delhi. Called the Nano, it's tiny and kind of cute, in a smooshed jelly bean kind of way. Its most attractive feature, though, is its price. For a mere 100,000 rupees, the equivalent of roughly $2,500, you can drive home in the world's least expensive car (assuming you live in India, of course).

According to AutoBlog, here's what you get for your 100,000 rupees: a two cylinder gasoline engine producing a whopping 30 horsepower, a four-speed manual transmission, room for five (very small) people, brakes of some kind, and, best of all, 54 miles per gallon of gas. You don't get a radio or power steering or a second windshield wiper, but did you really expect to? Even so, the car is reasonably safe and efficient by Indian standards, and Tata claims that it meets all environmental and safety regulations in India.

It's hard not to be impressed by the Nano, and by the potential of Tata Motors. Tata is already the largest auto manufacturer in India. Millions of Tata vehicles are already on the roads, and with the Nano, we can expect to see millions more. Tata also sells cars and trucks all over Asia and has a growing presence in the Middle East and Latin America. If you want to place a bet on the future of the global auto industry, you could do worse than buying some Tata stock. Just as General Motors (NYSE: GM) and Ford (NYSE: F) provided basic transport in the world's fastest growing economy early 20th century, Tata is poised to sell millions of basic cars in the fastest growing part of the world in the 21st century.