Porsche to assemble cars in India.

lurker · 21st September 2007, 17:54

Quote:

Porsche said that it would assemble cars for the first time outside Germany not just for India but possibly the region.

Porsche to assemble cars in India

Siddharth Vinayak Patankar

Friday, September 21, 2007 (Frankfurt):

It is big news for car lovers in India. In an exclusive interview with NDTV, Porsche said that it not only want to bring more of its cars to India but for the first time in its history it will shed its 'Made in Germany' image to assemble its cars in India.

Dr Wendelin Weideking is considered to be one of the most powerful men in the world's automobile space. As Porsche CEO he is all set to become the boss at Volkswagen (VW) too.

Porsche already owns 30.9 per cent stake in VW since March this year and that has triggered a takeover bid under German law. It is likely to hike its stake to a majority level by the end of 2007.

Porsche and VW have collaborated on various projects in the past, but now the alliance will go a step further for the first time. Porsche said that it would assemble cars for the first time outside Germany not just for India but possibly the region.

This means that ...

Please continue to read the article here: NDTV PROFIT

Rtech · 21st September 2007, 18:00

Now this is truly news that makes me smile!

lurker · 21st September 2007, 18:02

Rtech, can you open this as seperate thread. This is very big news.

speedmiester · 21st September 2007, 18:05

This is indeed great news, hope to lot of these german beauties on road soon

shuvd · 21st September 2007, 18:07

Huge news indeed! We should see a serious drop in prices what?

sbasak · 21st September 2007, 18:14

Although Porsche manfuactured in India will still command an astronomical price tag

but "Made in India" Porches will deinitely elevate Indian auto industry to next level.

lurker · 21st September 2007, 18:16

Quote:

Originally Posted by sbasak

Although Porsche manfuactured in India will still command an astronomical price tag

but "Made in India" Porches will deinitely elevate Indian auto industry to next level.

that is the idea.

20 characters.

csentil · 21st September 2007, 18:22

Someone please please tell me that I can buy atleast a Boxster for 30 lakhs?

Fantasy coming true.

shuvd · 21st September 2007, 18:23

Quote:

Originally Posted by sbasak

Although Porsche manfuactured in India will still command an astronomical price tag

but "Made in India" Porches will deinitely elevate Indian auto industry to next level.

Dang! Guess I started dreaming too early

.

kvish · 21st September 2007, 19:55

Nearly jumped off my chair! This is amazing news for all buyers out there...(that doesnt include me

and not even in 2010 !!).

Just cannot imagine the jobs that are coming here! Automobile engineers can smile their way to the banks in the next decade!!

Nitin · 21st September 2007, 20:54

Sweet news!! Now this is going to do wonders to the auto scene in India..

khanak · 21st September 2007, 22:20

WOW!!!

Lets just hope this actually works out though.

CaliforniaKnight · 21st September 2007, 22:41

A very splendid news indeed.Glad to know more and more companies are planning to use the huge potential of India.

danlalan · 22nd September 2007, 01:31

Quote:

Originally Posted by kvish

(that doesnt include me

and not even in 2010 !!).

Hahahahaha ill come up on that list too..but not even till 2080

21st September 2007, 18:00	#2
Rtech Team-BHP Support Join Date: Apr 2004 Location: Bombay Posts: 5,770 Thanked: 359 Times View My Garage	Now this is truly news that makes me smile!
	() Thanks

21st September 2007, 18:02	#3
lurker Senior - BHPian Join Date: Jun 2006 Location: Tura Posts: 1,592 Thanked: 1,423 Times	Rtech, can you open this as seperate thread. This is very big news.
	() Thanks

21st September 2007, 18:05	#4
speedmiester Senior - BHPian Join Date: Jul 2006 Location: bangalore Posts: 2,387 Thanked: 6,631 Times	This is indeed great news, hope to lot of these german beauties on road soon
	() Thanks

21st September 2007, 18:07	#5
shuvd Senior - BHPian Join Date: Nov 2006 Location: Calcutta Posts: 1,081 Thanked: 7 Times View My Garage	Huge news indeed! We should see a serious drop in prices what?
	() Thanks

21st September 2007, 18:14	#6
sbasak BHPian Join Date: Nov 2005 Location: CCU-LTN Posts: 608 Thanked: 14 Times	Although Porsche manfuactured in India will still command an astronomical price tag but "Made in India" Porches will deinitely elevate Indian auto industry to next level.
	() Thanks

21st September 2007, 18:22	#8
csentil Senior - BHPian Join Date: Feb 2007 Location: Bangalore Posts: 1,349 Thanked: 38 Times View My Garage	Someone please please tell me that I can buy atleast a Boxster for 30 lakhs? Fantasy coming true.
	() Thanks

21st September 2007, 19:55	#10
kvish BHPian Join Date: Jan 2006 Location: Bangalore Posts: 627 Thanked: 195 Times	Nearly jumped off my chair! This is amazing news for all buyers out there...(that doesnt include me and not even in 2010 !!). Just cannot imagine the jobs that are coming here! Automobile engineers can smile their way to the banks in the next decade!!
	() Thanks

21st September 2007, 20:54	#11
Nitin Senior - BHPian Join Date: May 2006 Location: Houston, Texas Posts: 3,294 Thanked: 20 Times View My Garage	Sweet news!! Now this is going to do wonders to the auto scene in India..
	() Thanks

21st September 2007, 22:20	#12
khanak Senior - BHPian Join Date: Mar 2005 Location: Mumbai/Toronto Posts: 2,799 Thanked: 268 Times View My Garage	WOW!!! Lets just hope this actually works out though.
	() Thanks

21st September 2007, 22:41	#13
CaliforniaKnight BHPian Join Date: Jun 2004 Location: IND + DXB Posts: 980 Thanked: 141 Times View My Garage	A very splendid news indeed.Glad to know more and more companies are planning to use the huge potential of India.
	() Thanks