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Sunday, September 23, 2007

Europe,Srilanka or India bottom line is money is more valuable than Life

European markets are being flooded with chinese imports and this time its cars.Initially just like all chinese items people said that these chinese vehicles would never find any buyers and that car buyers are different.But the chinese have once again proved their detractors wrong and are slowly but steadily gaining valuable market in the European market where manufacturers are already struggling with their own set of problems.

One of the chinese manufacturers HSO,plans 150 dealerships in Germany alone and about 1150 in the whole of Europe and this is just the beginning.Indian manufacturers have also not been spared,they are facing the heat In markets like Sri Lanka where again people are showing interest towards the cheaper chinese vehicles.

Safety tests on these vehicles show that it would need a miracle to survive a crash in these vehicles, but what turns the dice in their favour is the VFM tag[we in India are so used to].Chinese cars and Suv's come for about 13,000Euros[$10,000] cheaper than their closest european rivals.

And where we complaining that it was only in India we did not care about human life and where only running after cheaper cars.

Source:
[boston.com]

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