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Originally Posted by GTO Firstly, I'd disagree with the authors note on lack of choice. We have almost each car maker either selling their cars, or in the process of. Sure we dont have the Mazdas and Peugeots but for a closely protected annual market of 1 million odd cars a year...we have a good range. For e.g. you cant compare the choice available to the American market which is almost 17 times bigger than ours.
Also, the author should remember that Peugeot had a chance (a golden opportunity as one of the first players). But they goofed it up by the wrong car, the wrong partnership and siphoning off customers deposits.
Absolute rubbish. USD 50000 is 23.50 lacs whereas we all know that a fully loaded I4 manual accord costs under 17 lacs. In the States, a well-equipped Honda Accord would set you back by about @22,000 (10 lacs odd). So we do not pay double but 60% more. That is inevitable considering the limited size of our market (2000 p.a. versus 4,00,000 Accords for the States) and the taxation structure.
I think its become a habit for these so-called renowned writers to bash the Indian automotive industry. Too bad for them, cos I am sure as hell very happy! |
i think i totally go with GTO here. first thing that strikes me about this author is that he has no knowledge of the indian market or in manufacturing. he wants coupes instead of sedans & he wants them to be priced on equal terms with USA. If you want the prices of Indian made cars to be on par with the american market, then the volume of sales has to be on par. if it is on par, then i can safely presume that we will have cheaper cars than the US. you also have to think of the majority of people here in india. They live on budgets. Our lives are planned right from our birth. We prefer paying cash than through loans. If someone wants to equate a society like ours with the europeans or the americans or with anyone else, then he is only fooling himself.
