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Old 17th July 2013, 15:33   #31
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Originally Posted by extreme_torque View Post
I think the Mayor's comment is not about social equality rather having a public transport system which is efficient, cheap and fast so that even the riches, which otherwise would use their own cars, are compelled to use it. It is about making a case.
We have this happening in Delhi during the monsoon. The top management at my company would leave their cars in the office/metro parking and take the metro from Delhi to Gurgaon. Its better than spending 3 hours wading in water!
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Old 17th July 2013, 16:17   #32
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We have this happening in Delhi during the monsoon. The top management at my company would leave their cars in the office/metro parking and take the metro from Delhi to Gurgaon. Its better than spending 3 hours wading in water!
Good observation drsingh. Sorry about going a little , but the monsoon seems to be a great equalizer in all the regions of India. Whatever the class, everybody have to face the monsoon fury in some similar way or other. But I geuss the poor 'drivers' of these vehicals must be in a soup sometime due to this.
Come to think of this, the sales figures would be having a monsoon effect too in the present numbers. I'm sure there is a usual drop in the offtake in the monsoons specially in the places like Mumbai/Delhi. And these are major offtake centers I believe. So hopefully the figures will get lifted just marginally once the monsoon's real fury is over.
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Old 17th July 2013, 16:50   #33
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Default re: Slowdown in the Indian auto industry

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Originally Posted by yogibear007 View Post
Come to think of this, the sales figures would be having a monsoon effect too in the present numbers. I'm sure there is a usual drop in the offtake in the monsoons specially in the places like Mumbai/Delhi. And these are major offtake centers I believe. So hopefully the figures will get lifted just marginally once the monsoon's real fury is over.
Month-on-month figures have seasonality inbuilt in the calculations. I.e., the same monsoon effect was there last July as well.

But yes, sales takes a dip in July.

Last edited by chinkara : 17th July 2013 at 16:52.
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Old 18th July 2013, 17:05   #34
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Stimulus package for auto industry!

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Ultimately, it is one of the largest employers and it contributes almost 25 per cent of manufacturing GDP
http://economictimes.indiatimes.com/...w/21143429.cms
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Old 19th July 2013, 11:37   #35
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Sadly these efforts remain as knee-jerk reactions on the sale declines. There is hardly any policy measures which will dictate the auto industry movement in the country on a long term basis. The knee-jerk reactions usually end up benefitting some manufacturers but keeps out majority of the customers from ultimate benefits possible from a healthy and competitive auto industry. We as Indians also have seen these benefits when the auto industry was freed up from the license raj. Remember the Premier, Ambi and Maruti days. This give you an idea what a structural reform can do for both the manufacturers and customers and in turn the economy. Hope the current reforms gives out a small dose of impetus to the auto industry as well.
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Old 24th October 2013, 16:39   #36
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Default Re: Slowdown in the Indian auto industry

Toyota to cut production at its Bidadi plants in order to align production with sales.


Toyota Kirloskar Motor Pvt Ltd (TKM) has planned to cut production of cars and utility vehicles at its Bidadi plants near Bangalore in order to align production with sales.

The company had already initiated seizure of production for eight days a month in the second quarter of the fiscal year. But due to the persistence of the slowdown, TKM now plans to operate just one single shift a day at both its plants in Bidadi.


http://www.wheelsunplugged.com/news/...ion-sales/2309
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Old 19th December 2013, 08:27   #37
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Default Re: Slowdown in the Indian auto industry

In todays news, SIAM tries to get the government's attention by using just the kind of threat that the rulers may pay heed to - as many as 90l jobs may not be created! I wonder when and where they were planning to create these in the first place!

http://timesofindia.indiatimes.com/B...w/27547178.cms

reading about the plight of prospective buyers in this forum and how some brands view even a TD as doing a favor, this is not surprising. The market also has clearly not evolved by trying to cater to different segments (for e.g. barring isolated models, hardly any options for a true enthusiast's car)

I guess in comparison to the US auto industry, we have already leapfrogged to the ailing phase seen recently by the GMs and the Fords- head honchos approaching the government with begging bowls!
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Old 19th December 2013, 11:22   #38
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In todays news, SIAM tries to get the government's attention by using just the kind of threat that the rulers may pay heed to - as many as 90l jobs may not be created! I wonder when and where they were planning to create these in the first place!

http://timesofindia.indiatimes.com/B...w/27547178.cms
90l may include the indirect job opportunities as well. Think of folks working in dealership, service centers, parts manufacturer, accessory manufacturer, tire walas etc..
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Old 2nd January 2014, 11:07   #39
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Default Re: Slowdown in the Indian auto industry

India's car market, which started on a weak note in 2013, ended the year equally dismally, completing an eminently forgetable phase.

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Barring Maruti Suzuki and Hyundai Motor India, which posted single-digit growth in December last year, other players like Mahindra & Mahindra, Toyota Kirloskar, and General Motors India continued to falter and posted losses.
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What's worse is that things aren't going to look bright either. No signs of significant revival in the first half of 2014.

Could be good for the prospective buyers since new cars and variants are bound to be released and the older variants in the market could draw a lot of bargaining in view of the slow down.

http://economictimes.indiatimes.com/...w/28253711.cms
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Old 2nd January 2014, 14:59   #40
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Default Re: Slowdown in the Indian auto industry

Had to slow down - The automotive industry here has been running rampage for the past 15 years. Remember how, the indian car scene changed in 97-98 with the new entrants like Santro, Indica and the Matiz? Probably this is when, the percapita income of the middle class crossed the petrol buying barrier for a car. And then on, it hasn't looked back.
Foreign car makers made bounty with their existing technologies finding new markets. All they had to do was to set up shop in foreign land. The govt welcomed them. Labour was cheap, ports were ready for exports, and Indian middle class was waking up.
For us, we had newer cars, smoother, reliable, easy to run.

And now, the cities, where most of the new car sales happen, have matured. Look around, and you find most of the houses around you having cars. Parking places have saturated. City roads pretty much have. When was the last stretch of golden quadrilateral completed? (Vajpayee?) Highways are not so much fun anymore.

Cars being built are not catered to indian conditions - How are the new cars being built? (The world cars that are being manufactured in India), they are mostly built to cater to the world market. EU CO2 norms, Euro NCAP safety tests, American passenger size compartments.
The new swift can house a 1.6 liter engine. But we get a 1.2, and a boot which cannot even fit a big size suitcase.
When was a car built for Indian city driving?

Is it time to buy a new car? - The cars haven't changed for a long time now. The newest 2014 swift houses the exact same engine from 2008. The newer breed of petrol turbos are priced so steeply, that it does not make any economic sense to buy one. The NVH levels for the diesels have remained the same. I don't find a reason why people would want to upgrade from their Swifts/Zens/i10s.

Not an ideal situation created - And the infrastructure, has fallen behind the automotive growth spurt by a huge margin. For the amount of taxes collected, to date, the improvements have been minimal. And the profits are being siphoned away to other areas (1Re for a kilo of rice ). Our govts have actually milked the automotive cow to the fullest, and are now turning a blind eye.

I feel, this is the time for a few of these champion automotive giants to find their way out of this hole, and come up winners. This needs new ideas, revolutions. Let us wait and watch
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Old 14th February 2014, 09:30   #41
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Default Re: Slowdown in the Indian auto industry

Car sales continue to decline,manufacturers seek tax sops.

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http://economictimes.indiatimes.com/...adcode=voaauto
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Old 15th February 2014, 19:27   #42
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I wonder where the car sales in major cities will go once India (if ever) gets efficient yet luxurious mass transit system like we see in Germany (ICE) and China (CRH).
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Old 11th March 2014, 19:03   #43
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Default Re: Slowdown in the Indian auto industry

Car sales to grow up to 9% in India in 2014- JD Power, with leaders like Maruti and Hyundai introducing new models.

http://economictimes.indiatimes.com/...w/31847931.cms

Last edited by volkman10 : 11th March 2014 at 19:05.
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Old 25th April 2014, 07:16   #44
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Default Re: Slowdown in the Indian auto industry

Due to slowdown despite and huge pressures on margins most companies are not increasing the prices as the manufacturers blame muted demand and weak market conditions.

Except for Honda and M&M who have gone ahead with the price increase ( Audi from May onwards) major giants like Maruti, Hyundai, TATA, Toyota, etc are not considering hike as of now!

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http://economictimes.indiatimes.com/...w/34172955.cms
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Old 29th April 2014, 18:51   #45
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Default Re: Slowdown in the Indian auto industry

Maruti Suzuki to continue discounts across range.


Maruti has decided to cut prices to rope in sales in the wake of a dwindling automobile industry.

http://www.autocarindia.com/auto-new...ge-384076.aspx
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