The snow covering the 2016 Volkswagen Passat parked in front the Vermont hotel was a fitting reminder of the winter of VW’s discontent. Our experienced attorneys offer more than just generic corporate advice — they have the knowledge and skills to provide solutions tailored to the automotive industry. According to Global Automotive Financial Review, the Indian passenger car market will go up to 19 lakh cars by the year end 2010 and the market is estimated to witness an impressive growth of above 50 percent by 2010.
The result is that global automotive industry experiences more mergers than new entrants. Along with other automakers, GM should benefit from cyclical trends in its favor. The industry has an annual capacity of 250,000 units, all vehicle types included, produced by plants rated as compliant with global standards and certified by the International Standards Organization (ISO).
Many automotive manufacturers have a line up vehicles that range from small hatch backs to even trucks, medium sized to even heavy duty trucks. Moreover, the table in the appendix which tallies up the criteria for each of the five forces fails to identify many of the current economic conditions and dynamics in the automotive industry today.
China ‘s automobile industry had Soviet origins mainly (plants and licensed autodesign were founded in the 1950s with USSR help) and was small in volume for decades, not exceeding 200,000 annually. Most people who know anything about the industry realize it takes many years to totally revamp a model lineup.…