With Oil prices sky rocketing, global economic crisis is hitting every sector, car manufacturers are severely hit across the globe. To add to this, some countries like India, suffer with extreme traffic problems making it even worse. In the next few years, if there is any segment that would benefit it would be the small car. We will see many more variants in the market. And unlike in the past, these variants will not be just 1.4 liter or 1.6 liter but also come out with CNG and Electric variants. Every car manufacturer will need to get more innovative in terms of design, features, ergonomics, and performance. I am however; quite surprised that many car manufactures haven’t considered India yet for launch of their small cars. On road, most of the current small cars don’t differentiate much. So, I personally see a huge scope for the launch of luxury small cars. How many have seen small cars with Sun-roof, ABS, Airbags, side impact bars, alloy wheels, and leather upholstery. Not many? Well, I hope very shortly we all will do. India not only stands a great chance of becoming a platform for global launch of small cars but also design centre for global small cars.
Submitted By: Vikas Valsang
Labels: Car-Manufacturers, Oil-Prices, Small-Car
1 Comments:
Auto industry is truly going down now, with the econimic crisis and fuel price its been a hard time for them. Cost cutting process and focus on small and economical cars is an wonderful step adapted by them. Compact cars also is a solution to reduce the teriffic traffic jam!!!
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