Interesting yet a bit startling. K K Swamy quits Toyota Kirloskar Motors...
The man who has been since the inception of Toyota Kirloskar Motors been the face of growth and prosperity for the company has decided to move on. His new stop is still not decided. Question remains: Why would a successful executive move when he can see the consolidation and fruition of all the efforts put in so far just round the corner? Or, is it the proverbial fatigue that plagues successful executives who then look for more challenges, but we feel, this is far from over at Toyota Kirloskar it self? Or, better still, is there something more which is beyond the public domain? Time will tell. We wish K K Swamy a great stint ahead - be it Volkswagen or others!
Wednesday, May 14, 2008
Now competition for Tata Nano?
It's official now. Bajaj Auto & Renault-Nissan JV to produce yet another small car from India in the US$ 2,500 price bracket.
The Indian mainline newspapers were awash yesterday with the news of yet another small car from India. Bajaj Auto who had released the prototype two days before the commencement of Delhi AutoExpo 2008 in January has finally declared that they will be launching the small car, codenamed ULC (ultra-low-cost) in 2011 in a joint venture with Renault-Nissan. Except that the engine of this small car will be positioned in the front of the vehicle like other cars and unlike Nano which has the engine placed at the back of the car, time will tell what all similarities or dis-similarities it will have with the Tata Nano and whether it will succeed in creating the hype and market presence that Nano has succeeded in doing till now.
Though consumers will get another choice in the small car segment, the ever-increasing fuel prices will require them to rethink for upgradation from two-wheelers to this four-wheel small. Time only will tell what the ingredients will be for the success of these vehicles in the market place?
The Indian mainline newspapers were awash yesterday with the news of yet another small car from India. Bajaj Auto who had released the prototype two days before the commencement of Delhi AutoExpo 2008 in January has finally declared that they will be launching the small car, codenamed ULC (ultra-low-cost) in 2011 in a joint venture with Renault-Nissan. Except that the engine of this small car will be positioned in the front of the vehicle like other cars and unlike Nano which has the engine placed at the back of the car, time will tell what all similarities or dis-similarities it will have with the Tata Nano and whether it will succeed in creating the hype and market presence that Nano has succeeded in doing till now.
Though consumers will get another choice in the small car segment, the ever-increasing fuel prices will require them to rethink for upgradation from two-wheelers to this four-wheel small. Time only will tell what the ingredients will be for the success of these vehicles in the market place?
wheelsunplugged
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