It’s depressing to know that the recent terror attack in Mumbai, India’s financial capital, has added to the woes of car manufacturers.
Mumbai, at present is experiencing a wave of dismay, fear, and anger. People are down in sentiments in wake of terror attack. Seeing the current scenario, the car manufacturers are compelled to postpone their new car launches.
Mahindra & Mahindra and Fiat are the first ones to defer their car launches. These two car companies are Mumbai-based and have seen the devastated affects the terror has brought to the city. They are not ready to push customers for car sales at this stage when there is upheaval in Mumbai coupled with slowdown in the car market.
Both the companies had plans to launch their car models, Fiat Linea and Mahindra Xylo, in December this year. But now, the launches have been delayed and are speculated to make their debut in January 2009.
Both the launches are significant for the respective companies as these are considered to set new benchmarks in the Indian market. So, they want a fresh and cheerful environment at the time of launch.
I too feel bad about the attacks in Mumbai but never thought that this would affect car industry. I never even imagined that because of this car manufacturers will delay their new car launches.