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Thursday, 3 July 2008

Import of Used Cars Opposed

Why has the Society of Indian Automobile Manufacturers (SIAM) opposed the Government’s plan of importing used cars to India?

Nobody is sure of the reason but some resources state that the SIAM has a doubt that trading of cars will greatly hamper the growing car industry in India. Importing can be a great risk to the Indian industry.

SIAM even has a doubt that the used cars imported in the country are among those that are thrown out. These are simply a waste for them and that’s the reason they trade out these cars. Should our government encourage such kind of trading? Would we actually benefit something out of this? No.

Then why the Government is supporting import of used cars?

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