Going by the number of new car launches in India, it seems that the domestic car market is insulated from the impact of global economic recession. By the end of the year there will be 50 new cars in India, both domestic as well as foreign brands, plying on Indian roads.
The year 2009 started off with the launch of the Mahindra Xylo and it has been a riot of new car launches since then and the market is waiting for more. Xylo was followed by the Fiat Linea and small-car Maruti Suzuki Ritz. The latest entrants are Honda Jazz, the LPG version of Chevrolet Spark, Chevrolet Aveo U-VA Techno, and Audi Q5 SUV.
But wait! Have you spared some space for the one lakh Nano cars that are believed to be delivered next month?
International car manufacturers turn their focus to India as the markets in U.S., Japan, and Europe are reeling under the pressure of economic slowdown. They find solace only in the developing economies of India and China to tide over the current gloom, which prompts them to pour in more and more models. Little wonder then that the beleaguered General Motors eyes India as one of its key markets.
The domestic car manufacturers on the contrary experienced a dip in sales last year and to compensate for the revenue deficit, they pound on the market aggressively with new models. GM India, a subsidiary of General Motors has already launched a new variant of Chevrolet Aveo U-VA called Techno apart from the LPG variant of Spark. They have more in the pipeline. Chevrolet's mini-car Cruze will hit roads in September and an upgraded version of Captiva along with GM Cruise sedan are also set to sneak into the market in 2009.
From the Hyundai stable, we can expect an SUV in the form of Santa Fe and the discontinued Elantra will be replaced by Hyundai Avante sedan. All these are apart from the i-Series cars that are also set to launch. Fiat too has upped its ante with hatchback Grande Punto and Bravo Sedan.
Tata Indicruz, a crossover vehicle and new version of Indigo range built on the platform of Indica Vista will join the race, while Volkswagen's new plant near Pune will soon roll out the Skoda Yeti, Skoda Roomster, and Fabia’s Combi Wagon variant.
Renault's joint venture with Nissan will also see a few new launches in the form of Megane hatchback and Sandero sedan from the Renault stable and Micra hatchback and Murano SUV from Nissan’s portfolio.
Though these are good signs for the Indian car industry, too many choices will in all probability spoil desi customers.
Labels: India-New-Car-Launches
1 Comments:
It is surprising to know that more than 50 cars are awaiting launch.The Indian streets are getting crowded. Wonder what new technology would be seen in future cars.
Post a Comment
Links to this post:
Create a Link
<< Home