Japanese auto companies faced double disaster in Japan and Thailand Japanese companies had paved the way to lead the world in innovating the supply chain a few decades ago…may be its time they need to do it again.
Impact of Great Tohoku Earthquake on the Automotive Industry and on Personal Mobility Comment by Vivek Vaidya, Vice President Automotive & Transportation, Frost & Sullivan Asia Pacific: “The Great Tohoku Earthquake has a profound impact on the global Automotive Industry. It is a triple disaster of unprecedented levels, and despite good news from the… Read more
The Detroit Motor Show typically kicks off the year and sets the tone for rest of the year. It was a motorshow as usual, unless you notice the small undercurrents that point towards future of mobility.
In Jan 2011, Beijing’s Municipal authorities announced a restriction on number of license plates to 240,000 for the entire year. This represents close to 80% drop in sales over 2010. The dealer fraternity in Beijing is under threat of going bust. In year 2009, China became the largest automotive market in the world surpassing United States where the markets had declined by over 30%. So the question is whether why did Beijing Municipal authorities took these steps now?
When TOP OF MIND called me to figure out if the current growth rates of the Indian car industry were sustainable, I responded with an emphatic ‘YES’! India has just started stretching its legs! The official Frost & Sullivan estimate for the growth of the passenger car market in India is 18 percent (CAGR). And these estimates are not founded in optimism, but grounded in reality.
How long does it take for a person or a company to fall from Iconic, invincible, impregnable position to a bottomless pit? Well, ask Tiger Woods about it. Better still ask Toyota. Tiger and Toyota had the iconic status in their own fields. In public eye they had a Midas Touch. They could do nothing… Read more