Thursday 21 April 2016

Industry to uncover its best at Auto Expo 2016

As many as 650,000-700,000 visitors are expected to visit the biennial Auto Expo in Greater Noida, making it Asia’s largest auto show. Some of world’s major vehicle manufacturers will showor launch as many as 85 passenger cars, sports utility vehicles (SUVs), two-wheelers and commercial vehicles at the event, nearly twice compared to 2012 and five more than 2014.Over 22 passenger and commercial vehicle makers and 18 two- and three-wheeler makers will take part in the Expo, which will be thrown open to the general public this Friday.   Himanshu Tiwari Astrologer Blog

While the auto industry is upbeat about the event and is putting its best foot forward, demand in showrooms is bleak. Auto sales grew just 1.3 per cent in the April-December period on the back of multiple launch failures and continued high discount levels.   Financial Astrology

Recent rulings over diesel vehicle sales and bringing forward of stringent emission norms — both of which were business negative for vehicle makers — has defused enthusiasm to some extent. “We do not know who is making the decisions and who should we be listening to – the ministry or the courts,” a senior executive of a Mumbai-based company had said.  Personal Numerology

But with just 15 Indians in every 1,000 owning a car (compared with 40 in China and 700 in Europe) manufacturers cannot ignore the market despite the adversities. According to Ford Motor Company’s calculations, India is going to be the world’s third-biggest automobile market by 2020 with sales of seven million units per annum.      Indian stock market astrology prediction

Manufacturers are driving into uncharted territories. For example, Maruti Suzuki — the country’s largest car maker — will make its entry into the compact sports utility vehicle (SUV) segment, an area which has seen robust growth in the last two years. Maruti will launch the sub-4 metre SUV Vitara Brezza that will challenge the Ford EcoSport and the Mahindra TUV3OO.Unlike the passenger car segment where it has defended a market share of 53 per cent despite stiff competition, the company is a late entrant into the utility vehicle space. However Maruti’s focus wont deviate from the small car segment entirely as a new addition would be made with the launch of the Ignis, a compact hatchback slightly bigger than the Celerio.    Sensex Astrology 

Some recent setbacks notwithstanding, Tata Motors will unveil four new products, including two cars and two utility vehicles (UVs) in the passenger car category. These will be the Zica (hatchback), a compact sedan based on the Zica, Hexa and Nexon (both UVs).Chrysler’s iconic SUV brand Jeep will finally mark its entry into India after a delay of nearly two years. Italian car maker Fiat, which owns Chrysler, will launch two models.    Share Market Astrology

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