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Sunday, May 11, 2008
The explosion of the growth of the automobile industry is indeed mind boggling. In a recent visit to Asia, I noticed a phenomenol explosion of automobiles on the road. Besides several well known brands, a new wave of asian headquartered automobile players are moving aggressively into the market. Hyundai for example is rolling out far more sophisticated models in the Korean market than those available in the US markets. The Tata's are making huge leaps in the automobile world stradlling from the Nano to buying premium auto brands like the Jaguar & Land Rover. The chinese are working hard to expand their global footprint in the automobile world, though they suffer from a serious image problem.
The only thing that has been downplayed here is the supply ecosystem for the automobile industry - in china an ecosystem gets created owing to cheap capital - one will have to see how Cherry could scale up on that on a global basis . Nonetheless, these points are very well said and I liked the sequence in which would think Yin Tangyao, Cherry's CEO has listed the issues : people, brand, quality and capital - in that order would make a huge difference towards global business.
Labels: Global Networks|
|Sadagopan's Weblog on Emerging Technologies, Trends,Thoughts, Ideas & Cyberworld