Should India be able to decouple itself from US Subprime Impact?

Thursday, September 20, 2007

India new launchpad for auto giants

NEW DELHI: India is turning out to be the new launch pad for global car models as major car makers prefer India over Europe and the American markets.
Korean car major Hyundai Motor will debut its latest premium hatchback — code named Pa — in India in November ahead of its global launch in January 2008. Hyundai Motor India V-P (marketing & sales) Arvind Saxena said: “India is now a global hub for small cars and no manufacturer can afford to ignore that. It’s a big competitive market for the best cars to compete. Our new premium compact car Pa will hit India two months earlier than Europe and other world markets.”

Read More

No comments: