Re: Mahindra to enter US market? har har har.
I don't know whether to smirk at the whole gungho attitude about the incompetent corporation going to the US as the vanguard of Indian pride collapsing, or whether to congratulate mahindra over making the decision that I have been advising for a very long time, ie the product is not competitive, don't go till it is.
I would pick the latter without question, but for the fact that Mahindra has given cause to US business to suffer losses in the millions because of its shenanigans (misguided if they were well intentioned, criminal if they were not) Quote:
Originally Posted by Fraz33r Also it is hard to sell a cheap truck in US; one reason being no matter how financially unstable you are, you never pay the whole price for "vehicle to own when buying". Even the poorest farmer/worker will go for a Ford F150 which is the highest selling vehicle in the US. |
Actually, thats not the issue. Bottom end F150s with V6 engines, 2 wheel drive and manual transmission cost well under $20,000, which meant that the US truck buyer could get Ford quality, service and parts distribution, larger payload, larger towing capacity, equal fuel economy for less money than the mahindra. the smaller trucks, like the Ford Ranger can drop down into the $13,000 range when various discounts are taken into account.
Mahindra's business case was fuel economy. When Mahindra's test vehicles fared poorly in the EPA testing, the business case collapsed. It turns out mahindra doesn't know more about making trucks than the world's best truck manufacturers do for their own markets. What a surprise.
Last edited by Harbir : 12th July 2012 at 16:00.
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