Despite of the global economy crisis and infation rate holding our neck...our auto industry seems to be going forward with their plans. GM, Chrysler declaring bankruptcy, Ford is able to sell their otherwise difficult LandRover-Jaguar brands to Tata. Porsche to be owned by VW. Fiat deciding to invest in Chrysler, GM Europe are all happening on the other side. renault-nissan were planning to set a plant in india but due to the current scenario, Renault decided to pull out and Nissan is going forward with the plan. Toyota Prius was heading to Indian market but thats also on hold now.
Indian car market is all set to boom as most of the Manufacturers are eyeing India as a potential market to sell their vehicle. whatever launches happened were all planned long ago and not a current decision.
i think next to look forward are small cars from Toyota, GM and Nissan and also
GM will launch spark (Beat) facelift by the end of this year .
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Some time ago, when we were witnessing the miserable spectale dull films being released all over the country, one of my friends remarked in a lighter vein , \" The time has come to shoot more directors and less films. \" Well, nowadays, with a surfeit of cars of evrey make and size claiming for the consumers\' attention and attempting to make a prospective dent in our hard -earned income and wealth, I am tempted to say that the time has come to launch more and more infrastructure projects on par with the Bandra Worli sea link and several such ambitious projects and stop the manufacture of autos altogether. It has fallaciously been made out that this would retard our economic growth. My contention is that investing in infrastructure, if anything, would only boost our economy and raise our growth rate . If need be, we must not fight shy of calling foreign contractors to build and repair our roads. When so much of expertise and skill is readily available in the world market,. let us al