Pay More for Imported Cars
Wake up car importers!
It’s time for car importers to open their eyes and see the expected price hike for imported cars.
Yes, the prices for imported cars are expected to rise due to the weakening of rupee against dollar. At this stage of downturn, car exporters are rejoicing the market but reality is that the importers will have a tough time.
We just wonder how severely this will affect the foreign car manufacturers like Mercedes, BMW, Nissan, Volvo, and Porsche, who are importing their cars to India as Completely Built Units or CBUs. Even Honda CR-V would be affected by weakening of the rupee.
This will definitely increase the prices of imported cars. All the luxury car manufacturers are trying hard to cushion the impact on Indian car customers but till how long?
Labels: BMW, Car-Manufacturers, Honda-CR-V, Imported-Cars, Luxury-Car, Mercedes, Nissan, Porsche, Volvo
SUVs Glorious Days are Over
Gone are the days for SUVs when they were highly appreciated and liked by Indian consumers. But rising inflation and high fuel prices have now put an end to the production of SUVs. Car manufacturers across the country especially the ones like Mahindra & Mahindra who are mainly into the production of SUVs are facing a tough time.
These huge cars are numbered as high fuel guzzlers and have a bad eco-image. This has reduced the sale of Mahindra Scorpio, Toyota Innova, Maruti Gypsy and other cars in segment.
With a keen desire to fight the battle and raise the market for SUVs, car manufacturers are now hunting for better and reliable alternatives that can drive the sale of these cars. The Mercedes, BMW, Audi and the Porsche are also planning to enter the SUV segment and produce compact cars in the segment with the combination of off-road qualities and luxury comforts.
Will the past days come back for SUVs?
Labels: Audi, BMW, Mahindra-and-Mahindra, Mercedes, Porsche, SUVs
