Porsche’s Luxury Sedan on Rolls
With nearly about 50 new car models rolling out next year, Porsche also announces the launch of its four-door, four-seater luxury sedan 'Panamera' in late 2009.
Porsche takes 2009 as a consolidation year in India and has tied high hopes to the upcoming year. Being over excited about the launch, the company desires to merge the debut of this sedan with its global car launch expected to take place in late 2009.
The company also strives to expand its dealership base in the country across different cities in order to promote its brand name across the industry. Also a pre-owned car business will become a part of Porsche by late 2009.
This means that the year 2009 will be profitable for the car manufacturer. A new luxury car on roll, increased number of dealerships, and venture into used car business would all make the upcoming year a winning year for Porsche in India.
Labels: Porsche-Cars, Sedan, Used-Cars
Volkswagen Enters Used Car Market
Looks like even the luxury car manufacturers have discover the potential of used car market in India. Major players like the Maruti-Suzuki, Hyundai, Mahindra & Mahindra has already achieved a good market in the used car segment and now the Volkswagen is also interested in trying its fortune in the pre-owned car business.
This is a good start from Volkswagen as this will open the gate of more sales. With the entry in used car market, the brand can attain good market share in India as well as more customers.
Presently, the company is shining the Indian roads with its sedan Passat and Toureg from the SUV class. It is also in the news that the Volkswagen follows top to down strategy where they will first concentrate on the premium cars and then get into the small car segment.
This luxury car manufacturer has made the right step with the decision to enter into the used car market as this a perfect way to build customers.
To further strengthen their presence in India Volkswagen also plans to roll out its iconic car 'Beetle alias Bug' in India.
Labels: Cars in India, Used-Cars, Volkswagen
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?
Labels: Car-Import, Used-Cars
