TATA: An Electric World Beater
Tata Motors, the largest car manufacturer in India, has announced that it will launch an all-electric car in the Indian market this September (2013).
Shattering News About Customer Service
In a IPSOS survey that sought the opinion of 5800 respondants from Japan, China, Hong Kong, India, Indonesia and Australia have showed that consumers are less than happy with customer service and standards. 50% of the respondents have experienced frustration due to, among others, rude personnel, sluggish service and red tape.
Philippines Breached The 200 000 unit Vehicle Mark
Manila, Philippines (30 August 2013) – While the Philippines has traditionally been among the lowest in vehicle sales in Asia, observers now believe the Philippine auto market is on a bull run.
Vietnam’s Car Industry Regressing
Car sales in Vietnam has decreased by 27% this year because the cars being sold are priced too high for the average Vietnamese, based on remarks made by Nguyen Manh Quan, the Director of Trade and Industry and Trade Ministry’s Heavy Industry Department. Car prices are higher by 20% or more than other countries in the ASEAN region.
Incredible Shrinking Car!
Finally, someone has come up with the solution of reducing the parking space required instead of increasing it to fulfill demand. The Korea Advanced Institute of Science and Technology proudly showed off the Armadillo-T, a shrinking car that can fold into itself, just like the eponymous animal.
Money Can’t Buy Everything
Berjaya Philippines Inc, owned by Malaysian billionaire Vincent Tan, has made an offer of 130 pound share or GBP23.4 million to purchase the entire issue of London listed, HR Owen Plc. HR Owen is Britain’s largest luxury car dealer of, among others, Ferrari, Lamborghini, Bentley and Rolls Royce. Berjaya Phillipines presently holds a 29.81% interest in the luxury car company.