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Automobile Industry Analysis - archives of April 2013

201324 Apr

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The media is buzz with news concerning the introduction of quadricycles, or basic four-wheeled vehicles, in the Indian market. A report prepared by a special executive committee, headed by Dinesh Tyagi, Technical Director of ICAT (International Centre for Automotive Technology) is looking at various aspects concerning the introduction of quadricycles in India. Meanwhile, though there are lobbyists arguing for and against the introduction of quadricycles in India.

By Harmaan R A J Madon

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201318 Apr

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Globally, markets have been depressed. Prices are rising and disposable incomes are drying up. At such times, consumers understandably put-off or postpone high-ticket purchases like consumer durables, houses and cars. In India, car sales have remained flat over the past 12 months. While some segments, notably the small car segment, have witnessed falling sales, others have seen growth, particularly the UV / SUV market and the luxury segment.

By Harmaan R A J Madon

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