There is a difference here. The cars built in China by those foreign companies are for chinese customers instead of exportation.I believe even Ford and Chevrolet are planning to build cars in India aimed for export.
In fact, the automobile industry is planning to diverse their export orientation from China to India.
That is very true. There is high taxation in India than in the US. Cars are actually cheaper here.When will car prices drop here ?
When currency is directly converted (1$= Rs.45) the amount that is spent in usa for bmw is the same as we spend here for toyota corolla.
And Haryana too I think.Pune and chennai have evolved as manufacturing hub for cars.
I think ever increasing price of petrol will ultimately do that.That is very true. There is high taxation in India than in the US. Cars are actually cheaper here.
On the other hand, the US is trying to sell the idea of public transport and wean people away from those that prefer driving themselves.
From a certain perspective, I think it is good that GoI is not encouraging high volumes of car sales. Of course, electric cars or any form of transport that does not translate into India paying the oil rich Gulf states for petrol or diesel must be kept tax free.
I think India should not get into the habit of using cars. We need more public transport and that definitely will work out great.
The West has failed to engage India? It is Renault that owns Nissan, a French company.BBC said:The cars may be a product of the Japanese giant auto maker but they are manufactured about 60kms away, at Nissan's Indian factory.Less than a year old, the sprawling 600-acre plant is one of the company's largest worldwide.At its high-tech assembly line, Indian workers work swiftly, putting together the latest models.
Nissan is among several major Asian companies that have set up manufacturing hubs in this area.
For years, it was the West that engaged with India.
Armand the article states that the Western countries had a presence in India but the entry into India for Asian companies is relatively more recent.The West has failed to engage India? It is Renault that owns Nissan, a French company.
I know, but it is Nissan they are using as an example. The orders for what they do and where they expand comes from Boulogne. Maybe they can use other examples like Toyota which is still Japanese controlled, but Nissan... no.Armand the article states that the Western countries had a presence in India but the entry into India for Asian companies is relatively more recent.
I think when that happens, everyone can buy a car, park it home and take walk! Because cars wont be able to move on jammed roads.In Bangkok, Toyota corollas are used as taxis!! They come cheap there and over here it's a premium car!
In Taiwan it's the Camrys!!
Tax is really high in India especially for imported ones. Local sales tax, excise and road tax are high as well.
It's good in a way. There are not enough roads for current volume of cars in india. Shudder to think about what would happen if 10 times more cars hit the roads because of lower taxes.
But I sure do envy those in the west who drive four wheel drives that come in at less than half the price in India. I would love to own one of those! Any sponsor?
LF Mercedes was the original collobrators with the Tata's for their Trucks. Not just the Automotive Industry other industries like Machine Tools, Steel Plant and Cement Plant equipment, Cranes and other construction equipment manufacturers, European companies were in India for a very long time. The Japanese came only in the 80s and the Koreans in 90s.They probably mean Fiat which has been India for decades ??
you chaps are lucky, at least we in india need to shell out twice as much for the same car as you chaps do in china, and when it comes to US there are times when we shell out thrice as much or at times even more.Cars are affordable to most people generally on varying budgets. The issue is abt costs associated with driving a car. Petrol, tax and insurance aside, misc charges always burn a hole in one's pocket, such as maintenance, parking, or traffic tickets. People often have to find a parking lot then walk a few blocks to final destinations.
Automakers in China are reported of being challenged with managing a surplus in production.