Firms like Toyota, Honda and GM have to quickly firm up plans for their small cars, or they're going to fall behind even more. |
It would lead to further consolidation in the industry, which is seeing several players enter in a short time. In such a scenario, we will see the less-efficient players get taken over by the bigger players. |
My expectation is that car sales should be at least in the lower double- digits. The excise duty is a big positive factor. |
Some of the momentum we've seen in mid-size, particularly in the B+ category, may now shift to compacts. |
The alliance with Fiat could help Tata get technologies and designs for new models in future. It's a win-win deal for both. |
The deal would help avoid duplication and less fragmentation of the full-service market. |
You need a product that specifically works in Indian conditions ... you can't just launch something you have in other markets. |