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Tuesday, 5 February 2008

BMWs more stable market is India, not China!
It definitely rings a bell when the world’s largest luxury car maker, BMW AG found India a more stable market than China. BMWs retail sales in India accounts to a fraction of its sales in the Chinese market, but India is a definite as far as long term sales go, whereas China might soon be an oversaturated market without too much growth potential.

Small cars are already a big hit in India with foreign car makers making India their global production hub, but for a premium car maker to see great business ahead in the Indian market sounds promising - not just for the Indian economy, but also for our future lifestyle.

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3 Comments:

At 06 February 2008 11:35 , Anonymous Geeta Jairam said...

It is amazing that India, which was a non-indentity in luxury car market has suddenly become prominent. It is certainly indicates that India economy has come of age.
I hope India manages to beat China in many more fields apart from being a big consumer market.

 
At 06 February 2008 13:25 , Anonymous Nitesh said...

It is a matter of proud for India which is so for recognized as poor country. As Indian car market is booming day by day, many car global manufacturers seem to have realized the potential of Indian car market and India’s economy which is growing at fast pace. When big car manufacturers like BMW feel that India is suitable marketthan China, it's indication that we are soon going to beat China in all fields.

 
At 06 February 2008 22:44 , Anonymous John Patrick said...

The demand for luxury car in india cleary indicates its potential.The Indian car market is growing with a boom.The growth is more relevent with the foreign makers turning India into manufacturing and export hub globally.

 

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