Luxury car market expected to grow: competition fierce

The luxury car market in India is expected to grow up to 20 % in the next 5-7 years. This article discusses the factors which have resulted in the growth of the luxury car segment in the country. Moreover, it discusses the upcoming new launches of various brands such as Audi, Mercedez-Benz and BMW. Will the luxury car makers continue to succeed? The questions...

Car maker market positions on the move

According to the Indian automobile industry’s July sales report, the country’s home bred companies have been replaced by foreign brands, particularly in the top 3 spots. Moreover, while foreign brands have a focused product portfolio strategy, similar strategies have not been taken by Indian counterparts. How will the vehicle market fare in this...

India increasingly becoming an export hub for truck majors

The growth of the commercial vehicle sector is a key driver, or rather an important indicator, of a country’s economic progress. Analysts at India Ratings & Research believe the decline, which began in the second quarter of 2012, is likely to continue in 2015. An unstable market, characterised by slow economic growth, changing regulations,...

Car maker new launches for festive period

The festive period in India is considered to be a good time for business. Auto makers this year are going to capitalise on this auspicious time in the country. Every major car maker has at least one or a series of car launches pre-planned for this season. Analysts believe that the festive sales will definitely help increase volumes for the rest of the year and...

Celebrating 125 years: Michelin and product innovation

Michelin’s success strategy is based on leveraging technology to differentiate its range of tyres and services in the world market. Innovation is the key for the French company, now in its 125th year, and has made many significant contributions to the auto industry with its relentless pursuit to achieve sustainable mobility through constant product...

Drivers Wanted 2014

Michelin is always looking for ways to entice customers with a variety of initiatives and promotional events. It has launched the Drivers Wanted 2014 campaign that will take four lucky racing enthusiasts all the way to the Sepang F1 International Racing Circuit in Malaysia. The winners will get a chance to showcase their skill and drive the top-of-the-line race...