Indian Automotive Industry

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Indian Automotive Industry

Capt M Kumar
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Joined: Dec 2007

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#38

09-06-2010, 02:21 PM

Suzuki Chairman Osamu Suzuki has also been vocal about the battering from the surging yen, which erodes the value of exporters' overseas earnings. The dollar is now trading at 84-yen levels, approaching a 15-year low it hit last month.

Japanese automakers have been moving production abroad to skirt the risks from currency fluctuations. Suzuki autos sold in India are now almost all manufactured in India.

Ford Motor Co. is also furthering its push into India, announcing plans for eight new vehicle models in India by 2015. http://www.canadianbusiness.com/markets/...=D9I2A5400

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Indian Automotive Industry - by Naresh - 01-13-2011, 03:43 AM

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