Impact on US Automobile brands- Just a thought - Congress approves $25Billion for US Car Makers
- GM needs a Govt loan,
- Chrysler seems to be drowning,
- Ford although looking strong is actually silent about its health.
- Industrial Growth rate predicted to be only 1% for next 12 months of recovery.
- Auto makers have cut down on television advertisements inadvertently shutting down smaller broadcasters.
The above are just quotes from various news reports after googling.
A Mustang from the showrooms cost about $20G's. A bit more of the green turning into an ugly color and imagine the prices of high-end cars in the US!!.
Whether it be the new edge, round edge or the curve ... whatever ticks your fancy, I'd say this is the right time to pick up a bloody good car and import it , albeit a LHD.Yes,duties and what not would apply, but i reckon very soon the numbers would add up to only 20-30% over the original prices before the slump.i.e one would be paying the full 110%(or whatever it is) on the invoiced rate and this figure is sure going downhill starting from today.
Just to paint a picture.
When stuck with the option of picking up a Sports Car or Luxury Saloon in India, What would the average youngster/enthusiast with money to back him up choose ?
On a much more business oriented thought- People who are interested in Kit-Cars should just import the complete body panels to fit a donor vehicle in India. There are a lot that just hug onto a Ford Escort.You'll get them dirt cheap with unmatched quality.IMO, no bodyshop in India can/could replicate a commercially available kit. Ive seen some going for as low as $2000/3000.
I just wish it gets sweeter where one of the RHD countries has a crisis and end up with the same scenario.Wishful thinking all this, some might say. But a person who thought different always bordered on the tags of insanity and clever. I'm one of them. |