Saturday, January 25, 2020

Chinese decimation of Indian phonemakers is complete. Automakers next?

Top Chinese firms such as SAIC (owner of MG Motors), BYD (maker of electric buses and batteries), Great Wall (which is the biggest SUV maker in China) and FAW Haima, among others, have reserved nearly 20 per cent space in the annual jamboree of carmakers and industry leaders, at a time when the Indian automobile industry is going through a severe slowdown.

from Auto-Industry-Economic Times https://ift.tt/30VtLXV

No comments:

Post a Comment

Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...