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Originally Posted by rajshenoy Well petrol hatches never have any chance of surviving along with hyundai and maruti
Beat diesel has diesel but what about boot space?
Figo did tick most of the boxes, diesel, spacious and handled well. Priced well too.
Any car that sells well means low maintenance. This was the only car ford managed to sell well and hence prove maintenance can be lower for ford |
True, Raj, they need to do a lot of homework to gain acceptability along with Maruti and Hyundai, our greatest success stories. There is always a room for more players, but they must have the common sense USP's for market penetration.
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Originally Posted by troublemaker I think our concerns are showing in their financials as well: http://economictimes.indiatimes.com/...w/18961932.cms
IMHO, re-badging Chinese and Korean cars is not a great idea to begin with. Is it that difficult to design and produce small efficient cars; when you are a giant car manufacturer? |
Thanks, I also read about the accumulated losses. GM has deep pockets, but need to take corrective measures to survive. After all, they are here to make money.
To do well in the Indian market, a car make and model need to have all the common sense USP's that we know of.
A model that has sold very well, is bound to keep the spare supplies coming into the market for at least a decade or even more. This is because of the fact that though the car may change hands several times, it remains in use for at least two decades or may be more.
Hyundais and Marutis are the most sought after cars by second hand car buyers. Their best selling models fetch buyers and even good resale values. The cars don't show signs of ageing.
I would rate the second hand car market as the true pulse in deciding as to whether a car model is or was successful or not. It is the real life barometer of a car's success.
Coming back to GM, the older Opels are shunned in the second hand car market and there are almost no buyers. Spares are difficult and even prohibitively costly to come by.
And the older Chevrolets, be it the Aveo, UV-A, Optra, older Sparks are all less sought after in the second hand car market.Their resale values plummeted as soon as these left the showroom.
I am not discussing the new-gen Chevrolets (post 2010) now
and maybe we can after two or three years, again comment on their second hand car market acceptability.
Like many other foreign companies, GM has also followed what we can call the "BLUNDER ROUTE" to destruction, by not allowing free sale of their car spares in the market. These remain exclusively with their dealers.