Chrysler will re-badge the Mitsubishi Attrage (the sedan version of the much-loved Mitsubishi Mirage) for sale in Asian markets. Sounds crazy, right? Not really.
This is Part 4 of a 5 Part-series about how the Chinese car manufacturers are faring abroad.
In the first 3 parts of this series we have observed that Chinese carmakers have managed their expansion into Africa, Latin America and Eastern Europe by securing less developed markets and using them as anchor points for a more widespread presence in these regions. In this context it’s interesting to note that in their own ‘backyard’, Asia, the same strategy has not been met with the same success, with only a handful of small markets in the region ‘cracked’ so far..
Myanmar was once a pariah state known for its brutal military government and mistreatment of human rights activists like Aung San Suu Kyi. But democratic reforms and an easing of trade sanctions by Western governments means that doing business in Myanmar is now feasible – and GM is the latest automaker looking to establish a footing in the Asian country.
Labor leaders in South Korea are scrambling to convince GM to retain production of the Chevrolet Cruze in South Korea, though GM says that the move to 5 global facilities is a done deal.
Uh-oh: Our colleagues and fellow market watchers in Malaysia were waiting and waiting for market data for the month of July, but none arrived. With August about to end, they stared to ask questions. They were told there won’t be any data. No, it wasn’t because Malaysia suddenly is like Europe. In the Old Country, July data traditionally are supplied in September,because Europe is on vacation in August.
No, it was because Proton suddenly refused to supply its data. (Read More…)
At a briefing in Traverse City, Michigan, Ford outlined its plans for tackling the twin challenges of Asia and Europe. Despite the capacity crisis facing the industry, Ford is aiming to avoid any European factory closures, while also expanding in Asia.
India is touted to become one of the biggest car markets in the world by the end of this decade. However, there is a lot of uncertainty in the Indian automobile market. Fuel prices fluctuate (usually northwards) abruptly, while the Government tries to cover its mis-governance by increasing taxes on cars when its least expected. But which is the car that Indians are buying the most? It is the Maruti Suzuki Alto! (Read More…)
Ever heard about the Tata Safari? It is the first SUV that was designed and developed entirely in India. The Safari went on sale in 1998, since then there haven’t been many changes to the styling of the vehicle.Tata Motors changed the engines, bringing in better powertrains over a period of time. The Safari has managed to create a cult following and still sells in-spite of its dated styling. The first generation Safari used the engine from Tata’s truck line-up (Tata 407 truck). (Read More…)
India is a country with absolute imbalance as far as policies and regulations go. Earlier this year, the Indian Government abruptly increased excise duty on cars by 2-5%. This increase came at a time when the automobile sector was already facing a slow down. Soon later, one of the states increased local taxes and registration charges. Now to make matters worse, the Supreme Court (the highest judicial forum of India) has abruptly banned all kinds of sun control films on cars (with effect from 19th May 2012). (Read More…)