Automotive Products

After some progress within the mid-nineties, exports as soon as once more started to drop as the outmoded platforms supplied to Indian producers by multinationals were not competitive. This was to not last, and at present India manufactures low-priced vehicles for markets throughout the globe. As of 18 March 2013, global manufacturers similar to Proton Holdings, PSA Group, Kia, Mazda, Chrysler, Dodge and Geely Holding Group were shelving plans for India as a end result of competitiveness of the market, as properly as the global economic disaster Automotive news. The starting of the 1970s did not see progress potential; and most of the collaboration license agreements got here to an finish, however with the option to proceed manufacturing with renewed branding. Cars have been nonetheless meant for the elite and Jeeps, now owned by American Motors Corporation, were largely utilized by authorities organizations and in some rural areas. By the tip of the final decade, some developments had been made in industrial automobile segments to facilitate the movement of products.

Christian Wiedmann is an automotive and finance professional who started his career with AIG Private Banking and PwC in Switzerland, before becoming a member of the BMW Group in Germany in 2001. Burak Demirtas joined RMA Group in 2011, bringing with him invaluable expertise within the construction materials business. He holds an MBA in Finance & Accounting from Yeditepe University, Istanbul, and an MSc in International Management from the University of Sussex.