FINANCIAL IMPACT ON AUTOMOBILE INDUSTRY DUE TO EURO CRISIS

7/30/2019 FINANCIAL IMPACT ON AUTOMOBILE INDUSTRY DUE TO EURO CRISIS

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Tata Motors

Tata Motors Limited- is India's largest private automobile andcommercial vehicle manufacturing company. It is also the world's 6th biggest commercialvehicle manufacturer. It is part of the Tata Group. Tata Motors is widely credited for puttingIndia on the automotive map by designing and developing its own range of cars. Tata Motorsdate back to 1945 when they started making Trains. Tata Motors was first listed on the NYSE in

2004. It has its manufacturing base in Jamshedpur, Lucknow and Pune. In 2004 it also boughtDaewoo's truck manufacturing unit in South Korea. In March 2005, it acquired a 21% stake inHispano Carrocera SA, giving it controlling rights in the company.read more....

Maruti Suzuki India Ltd

Maruti Suzuki India Limited (MSIL, formerly MarutiUdyog Limited), a subsidiary of Suzuki Motor Corporation of Japan, is India's largest passengercar company, accounting for majority of the domestic car market.

Maruti Suzuki offers 14 brands and over 150 variants ranging from people's car Maruti 800 to

the stylish hatchback Ritz. Their range of cars include people movers - Omni and Eeco,international brands - Alto, Alto-K10, A-star, WagonR, Swift and Estilo, off-roader - Gypsy,SUV - Grand Vitara, sedans - SX4 and Swift DZire.read more....

The Bajaj Group
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The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over awide range of industries, spanning automobiles (two-wheelers and three-wheelers), homeappliances, lighting, iron and steel, insurance, travel and finance.

The group's flagship company, Bajaj Auto, is ranked as the world's fourth largest two- and three-wheeler manufacturer and the Bajaj brand is well-known in over a dozen countries in Europe,

Latin America, the US and Asia.

Founded in 1926, at the height of India's movement for independence from the British, the grouphas an illustrious history. The integrity, dedication, resourcefulness and determination to succeedwhich are characteristic of the group today, are often traced back to its birth during those days ofrelentless devotion to a common cause. Jamnalal Bajaj, founder of the group, was a closeconfidant and disciple of Mahatma Gandhi. In fact, Gandhiji had adopted him as his son. Thisclose relationship and his deep involvement in the independence movement did not leaveJamnalal Bajaj with much time to spend on his newly launched business venture. read more....

Ford India

Ford Motor Company is an American multinationalcorporation and one of the largest automobile manufacturers in the world. Based in Dearborn,Michigan, a suburb of Metro Detroit, the automaker was founded by Henry Ford andincorporated in 1903. Ford now encompasses many global brands, including Lincoln and

Mercury in the US, Jaguar, Aston Martin and Land Rover of Great Britain, and Volvo ofSweden. Ford also owns a one-third controlling interest of Mazda, and is listed as the world'sthird largest automaker based on vehicle sales in 2005. Ford has also been one of the world's tenlargest corporations by revenue. In 1999, Ford ranked as one of the world's most profitablecorporations. However, in recent years, it has not fared as well. Ford has not gained market sharein North America since 1995.read more....

Hero MotoCorp Group
http://www.indiacatalog.com/automotive_directory/bajaj_auto.htmlhttp://www.indiacatalog.com/automotive_directory/bajaj_auto.htmlhttp://www.indiacatalog.com/automotive_directory/bajaj_auto.htmlhttp://www.indiacatalog.com/automotive_directory/ford_india.htmlhttp://www.indiacatalog.com/automotive_directory/ford_india.htmlhttp://www.indiacatalog.com/automotive_directory/ford_india.htmlhttp://www.indiacatalog.com/automotive_directory/ford_india.htmlhttp://www.indiacatalog.com/automotive_directory/bajaj_auto.htmlhttp://www.indiacatalog.com/automotive_directory/ford_india.htmlhttp://www.indiacatalog.com/automotive_directory/bajaj_auto.htmlhttp://www.indiacatalog.com/automotive_directory/ford_india.htmlhttp://www.indiacatalog.com/automotive_directory/bajaj_auto.html


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Hero, a name synonymous with two wheelers in India is today a

multi-unit, multi-product, geographically diversified Group of companies. Through fullyintegrated operations, the Munjals roll their own steel, make critical components such as freewheels for their bicycles, and have the foresight to simultaneously diversify into myriadventures, like product designing, IT enabled services, finance and insurance, just to name a few.

The Hero Group philosophy is: "To provide excellent transportation to the common man ateasily affordable prices and to provide total satisfaction in all its spheres of activity." Thus apartfrom being customer-centric, the Hero Group also provides its employees with a fine quality oflife and its business associates with a total sense of belonging.

"Engineering Satisfaction" is the prime motive of the Hero Group and it has become a way of life

and a part of the work culture of the Group. This is what drives the Group to seek newer vistas,adopt faster technology and create quality driven products to the utmost satisfaction ofcustomers, partners, dealers and vendors.read more....

Mahindra & Mahindra Limited

Mahindra & Mahindra Limited (M&M) is the flagshipcompany of US $ 2.59 billion Mahindra Group, which has a significant presence in key sectorsof the Indian economy. A consistently high performer, M&M is one of the most respectedcompanies in the country. Set up in 1945 to make general-purpose utility vehicles for the Indianmarket, M&M soon branched out into manufacturing agricultural tractors and light commercialvehicles (LCVs). The company later expanded its operations from automobiles and tractors tosecure a significant presence in many more important sectors. The Company has, over the years,transformed itself into a Group that caters to the Indian and overseas markets with a presence invehicles, farm equipment, information technology, trade and finance related services, and

infrastructure development. The Company has recently started a separate Sector, MahindraSystems and Automotive Technlogies (MSAT) in order to focus on developing components aswell as offering engineering services.read more....

Hyundai Motor India
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Quality. Brand power. These are the two priorities for Hyundai Motor Company as it preparesfor the future. No longer content to follow and learn, Hyundai is now seeking to lead the motorindustry in shaping the evolution of motor vehicles. With Hyundai's publicly stated goal ofbecoming one of the top five carmakers in the world by 2010, the Hyundai brand will requirecareful repositioning. Management realizes that achieving this goal will require strongdetermination, resolve but, above all, stronger public confidence in the Hyundai name.readmore....

Products and Services

The primary activities of this industry are:

Motor cars manufacturing

Motor vehicle engine manufacturing

The major products and services in this industry are:

Passenger motor vehicle manufacturing segment (Passenger Cars, Utility Vehicles & Multi Purpose Vehicles)

Commercial Vehicles (Medium & Heavy and Light Commercial Vehicles)

Two Wheelers

Three Wheelers

Supply ChainSupply Chain of Automobile Industry:
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Source: ImaginMor, Inderscience Enterprises Ltd and United Nations Industrial Development Organisation

The supply chain of automotive industry in India is very similar to the supply chain of the automotive industry in

Europe and America. The orders of the industry arise from the bottom of the supply chain i. e., from the consumers

and goes through the automakers and climbs up until the third tier suppliers. However the products, as channelled in

every traditional automotive industry, flow from the top of the supply chain to reach the consumers. Automakers in

India are the key to the supply chain and are responsible for the products and innovation in the industry.

The description and the role of each of the contributors to the supply chain are discussed below.

Third Tier Suppliers: These companies provide basic products like rubber, glass, steel, plastic and aluminium to the

second tier suppliers.


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Second Tier Suppliers: These companies design vehicle systems or bodies for First Tier Suppliers and OEMs. They

work on designs provided by the first tier suppliers or OEMs. They also provide engineering resources for detailed

designs. Some of their services may include welding, fabrication, shearing, bending etc.

First Tier Suppliers: These companies provide major systems directly to assemblers. These companies have global

coverage, in order to follow their customers to various locations around the world. They design and innovate in order

to provide black-box solutions for the requirements of their customers. Black-box solutions are solutions created by

suppliers using their own technology to meet the performance and interface requirements set by assemblers.

First tier suppliers are responsible not only for the assembly of parts into complete units like dashboard, breaks-axel-

suspension, seats, or cockpit but also for the management of second-tier suppliers.

Automakers/Vehicle Manufacturers/Original Equipment Manufacturers (OEMs):After researching consumers

wants and needs, automakers begin designing models which are tailored to consumers demands. The design

process normally takes five years. These companies have manufacturing units where engines are manufactured and

parts supplied by first tier suppliers and second tier suppliers are assembled. Automakers are the key to the supply

chain of the automotive industry. Examples of these companies are Tata Motors, Maruti Suzuki, Toyota, and Honda.

Innovation, design capability and branding are the main focus of these companies.

Dealers: Once the vehicles are ready they are shipped to the regional branch and from there, to the authorised

dealers of the companies. The dealers then sell the vehicles to the end customers.

Parts and Accessory: These companies provide products like tires, windshields, and air bags etc. to automakers

and dealers or directly to customers.

Service Providers: Some of the services to the customers include servicing of vehicles, repairing parts, or financing

of vehicles. Many dealers provide these services but, customers can also choose to go to independent service

providers.

Demand Determinants

Determinants of demand for this industry include vehicle prices (which are determined largely by wage, material and

equipment costs) and exchange rates, preferences, the running cost of a vehicle (mainly determined by the price of

petrol), income, interest rates, scrapping rates, and product innovation.

Exchange Rate:Movement in the value of Rupee determines the attractiveness of Indian products overseas and the

price of import for domestic consumption.

Affordability: Movement in income and interest rates determine the affordability of new motor vehicles. Allowing

unrestricted Foreign Direct Investment (FDI) led to increase in competition in the domestic market hence, making

better vehicles available at affordable prices.

Product Innovation is an important determinant as it allows better models to be available each year and also

encourages manufacturing of environmental friendly cars.

Demographics: It is evident that high population of India has been one of the major reasons for large size of

automobile industry in India. Factors that may be augment demand include rising population and an increasing


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proportion of young persons in the population that will be more inclined to use and replace cars. Also, increase in

people with lesser dependency on traditional single family income structure is likely to add value to vehicle demand.

Infrastructure: Longer-term determinants of demand include development in Indians infrastructure. Indias banking

giant State Bank of India and Australias Macquarie Group has launched an infrastructure fund to rise up to USD 3

billion for infrastructure improvements. India needs about $500 billion to repair its infrastructure such as ports, roads,

and power units. These investments are been made with an aim to generate long-term cash flow from automobile,

power, and telecom industries. (Source: Silicon India)

Price of Petrol:Movement in oil prices also have an impact on demand for large cars in India. During periods of high

fuel cost as experienced in 2007 and firsthalf of 2008, demand for large cars declined in favour of smaller, more fuel

efficient vehicles. The changing patterns in customer preferences for smaller more fuel efficient vehicles led to the

launch of Tata Motors Nano one of worlds smallest and cheapest cars.

Key CompetitorsMajor Players


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Source: Society of Indian Automotive Manufacturing (SIAM)

(www.imaginmor.com/automobileindustry india.html)

India

See also:Automotive industry in India

Maruti Suzuki

Tata Motors

Honda Siel Cars India

Hyundai Motor India Limited

BMW India

Volkswagen India

Ford India Private Limited

General Motors India Private Limited

Toyota Kirloskar Motor Private Limited Fiat India Automobiles

Mahindra & Mahindra Limited

Premier Automobiles Limited

Ashok Leyland

Chinkara Motors

DC Design
http://www.imaginmor.com/automobileindustryindia.htmlhttp://www.imaginmor.com/automobileindustryindia.htmlhttp://www.imaginmor.com/automobileindustryindia.htmlhttp://www.imaginmor.com/automobileindustryindia.htmlhttp://www.imaginmor.com/automobileindustryindia.htmlhttp://en.wikipedia.org/wiki/Automotive_industry_in_Indiahttp://en.wikipedia.org/wiki/Automotive_industry_in_Indiahttp://en.wikipedia.org/wiki/Automotive_industry_in_Indiahttp://en.wikipedia.org/wiki/Maruti_Suzukihttp://en.wikipedia.org/wiki/Maruti_Suzukihttp://en.wikipedia.org/wiki/Tata_Motorshttp://en.wikipedia.org/wiki/Tata_Motorshttp://en.wikipedia.org/wiki/Honda_Siel_Cars_Indiahttp://en.wikipedia.org/wiki/Honda_Siel_Cars_Indiahttp://en.wikipedia.org/wiki/Hyundai_Motor_India_Limitedhttp://en.wikipedia.org/wiki/Hyundai_Motor_India_Limitedhttp://en.wikipedia.org/wiki/BMW_Indiahttp://en.wikipedia.org/wiki/BMW_Indiahttp://en.wikipedia.org/wiki/Volkswagen_Indiahttp://en.wikipedia.org/wiki/Volkswagen_Indiahttp://en.wikipedia.org/wiki/Ford_India_Private_Limitedhttp://en.wikipedia.org/wiki/Ford_India_Private_Limitedhttp://en.wikipedia.org/wiki/General_Motors_India_Private_Limitedhttp://en.wikipedia.org/wiki/General_Motors_India_Private_Limitedhttp://en.wikipedia.org/wiki/Toyota_Kirloskar_Motor_Private_Limitedhttp://en.wikipedia.org/wiki/Toyota_Kirloskar_Motor_Private_Limitedhttp://en.wikipedia.org/wiki/Fiat_India_Automobileshttp://en.wikipedia.org/wiki/Fiat_India_Automobileshttp://en.wikipedia.org/wiki/Mahindra_%26_Mahindra_Limitedhttp://en.wikipedia.org/wiki/Mahindra_%26_Mahindra_Limitedhttp://en.wikipedia.org/wiki/Premier_Automobiles_Limitedhttp://en.wikipedia.org/wiki/Premier_Automobiles_Limitedhttp://en.wikipedia.org/wiki/Ashok_Leylandhttp://en.wikipedia.org/wiki/Ashok_Leylandhttp://en.wikipedia.org/wiki/Chinkara_Motorshttp://en.wikipedia.org/wiki/Chinkara_Motorshttp://en.wikipedia.org/wiki/DC_Designhttp://en.wikipedia.org/wiki/DC_Designhttp://en.wikipedia.org/wiki/DC_Designhttp://en.wikipedia.org/wiki/Chinkara_Motorshttp://en.wikipedia.org/wiki/Ashok_Leylandhttp://en.wikipedia.org/wiki/Premier_Automobiles_Limitedhttp://en.wikipedia.org/wiki/Mahindra_%26_Mahindra_Limitedhttp://en.wikipedia.org/wiki/Fiat_India_Automobileshttp://en.wikipedia.org/wiki/Toyota_Kirloskar_Motor_Private_Limitedhttp://en.wikipedia.org/wiki/General_Motors_India_Private_Limitedhttp://en.wikipedia.org/wiki/Ford_India_Private_Limitedhttp://en.wikipedia.org/wiki/Volkswagen_Indiahttp://en.wikipedia.org/wiki/BMW_Indiahttp://en.wikipedia.org/wiki/Hyundai_Motor_India_Limitedhttp://en.wikipedia.org/wiki/Honda_Siel_Cars_Indiahttp://en.wikipedia.org/wiki/Tata_Motorshttp://en.wikipedia.org/wiki/Maruti_Suzukihttp://en.wikipedia.org/wiki/Automotive_industry_in_Indiahttp://www.imaginmor.com/automobileindustryindia.html


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Force Motors

Hindustan Motors

Eicher

ICML

TVS

Bajaj

The key players in the heavy commercial vehicles sector in India are:

Tata Motors: Leading commercial vehicles manufacturer, Tata Motors offers an array of CVs namely, Tata Se 1613,

Tata Sk 1613, Tata LPT 1613, etc.

NEW CARS MAKE IN INDIA

Hyundai India Cars in India

Maruti Suzuki Cars in India

Audi Cars in India

Volvo Cars in India

Skoda Cars in India

TATA Cars in India
http://en.wikipedia.org/wiki/Force_Motorshttp://en.wikipedia.org/wiki/Force_Motorshttp://en.wikipedia.org/wiki/Hindustan_Motorshttp://en.wikipedia.org/wiki/Hindustan_Motorshttp://en.wikipedia.org/wiki/Eicher_Motorshttp://en.wikipedia.org/wiki/Eicher_Motorshttp://en.wikipedia.org/wiki/ICMLhttp://en.wikipedia.org/wiki/ICMLhttp://en.wikipedia.org/wiki/TVS_Motorhttp://en.wikipedia.org/wiki/TVS_Motorhttp://en.wikipedia.org/wiki/Bajaj_Tempohttp://en.wikipedia.org/wiki/Bajaj_Tempohttp://www.automobileindia.com/new-vehicle/1-hyundai-india.htmlhttp://www.automobileindia.com/new-vehicle/1-hyundai-india.htmlhttp://www.automobileindia.com/new-vehicle/2-maruti-suzuki.htmlhttp://www.automobileindia.com/new-vehicle/2-maruti-suzuki.htmlhttp://www.automobileindia.com/new-vehicle/3-audi.htmlhttp://www.automobileindia.com/new-vehicle/3-audi.htmlhttp://www.automobileindia.com/new-vehicle/4-volvo.htmlhttp://www.automobileindia.com/new-vehicle/4-volvo.htmlhttp://www.automobileindia.com/new-vehicle/5-skoda.htmlhttp://www.automobileindia.com/new-vehicle/5-skoda.htmlhttp://www.automobileindia.com/new-vehicle/6-tata.htmlhttp://www.automobileindia.com/new-vehicle/6-tata.htmlhttp://www.automobileindia.com/new-vehicle/6-tata.htmlhttp://www.automobileindia.com/new-vehicle/5-skoda.htmlhttp://www.automobileindia.com/new-vehicle/4-volvo.htmlhttp://www.automobileindia.com/new-vehicle/3-audi.htmlhttp://www.automobileindia.com/new-vehicle/2-maruti-suzuki.htmlhttp://www.automobileindia.com/new-vehicle/1-hyundai-india.htmlhttp://www.automobileindia.com/new-vehicle/6-tata.htmlhttp://www.automobileindia.com/new-vehicle/5-skoda.htmlhttp://www.automobileindia.com/new-vehicle/4-volvo.htmlhttp://www.automobileindia.com/new-vehicle/3-audi.htmlhttp://www.automobileindia.com/new-vehicle/2-maruti-suzuki.htmlhttp://www.automobileindia.com/new-vehicle/1-hyundai-india.htmlhttp://www.automobileindia.com/new-vehicle/6-tata.htmlhttp://www.automobileindia.com/new-vehicle/5-skoda.htmlhttp://www.automobileindia.com/new-vehicle/4-volvo.htmlhttp://www.automobileindia.com/new-vehicle/3-audi.htmlhttp://www.automobileindia.com/new-vehicle/2-maruti-suzuki.htmlhttp://www.automobileindia.com/new-vehicle/1-hyundai-india.htmlhttp://www.automobileindia.com/new-vehicle/6-tata.htmlhttp://www.automobileindia.com/new-vehicle/5-skoda.htmlhttp://www.automobileindia.com/new-vehicle/4-volvo.htmlhttp://www.automobileindia.com/new-vehicle/3-audi.htmlhttp://www.automobileindia.com/new-vehicle/2-maruti-suzuki.htmlhttp://www.automobileindia.com/new-vehicle/1-hyundai-india.htmlhttp://www.automobileindia.com/new-vehicle/6-tata.htmlhttp://www.automobileindia.com/new-vehicle/5-skoda.htmlhttp://www.automobileindia.com/new-vehicle/4-volvo.htmlhttp://www.automobileindia.com/new-vehicle/3-audi.htmlhttp://www.automobileindia.com/new-vehicle/2-maruti-suzuki.htmlhttp://www.automobileindia.com/new-vehicle/1-hyundai-india.htmlhttp://www.automobileindia.com/new-vehicle/6-tata.htmlhttp://www.automobileindia.com/new-vehicle/5-skoda.htmlhttp://www.automobileindia.com/new-vehicle/4-volvo.htmlhttp://www.automobileindia.com/new-vehicle/3-audi.htmlhttp://www.automobileindia.com/new-vehicle/2-maruti-suzuki.htmlhttp://www.automobileindia.com/new-vehicle/1-hyundai-india.htmlhttp://www.automobileindia.com/new-vehicle/6-tata.htmlhttp://www.automobileindia.com/new-vehicle/5-skoda.htmlhttp://www.automobileindia.com/new-vehicle/4-volvo.htmlhttp://www.automobileindia.com/new-vehicle/3-audi.htmlhttp://www.automobileindia.com/new-vehicle/2-maruti-suzuki.htmlhttp://www.automobileindia.com/new-vehicle/1-hyundai-india.htmlhttp://en.wikipedia.org/wiki/Bajaj_Tempohttp://en.wikipedia.org/wiki/TVS_Motorhttp://en.wikipedia.org/wiki/ICMLhttp://en.wikipedia.org/wiki/Eicher_Motorshttp://en.wikipedia.org/wiki/Hindustan_Motorshttp://en.wikipedia.org/wiki/Force_Motors


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Toyota Cars in India

Volkswagen Cars in India

San Cars in India

Porsche Cars in India

Premier Cars in India

Nissan Cars in India

Rolls-Royce Cars in India

Maybach Cars in India

Maini Cars in India

Mitsubishi Cars in India
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obileindia.com/new-vehicle/10-porsche.htmlhttp://www.automobileindia.com/new-vehicle/9-san.htmlhttp://www.automobileindia.com/new-vehicle/8-volkswagen.htmlhttp://www.automobileindia.com/new-vehicle/7-toyota.htmlhttp://www.automobileindia.com/new-vehicle/16-mitsubishi.htmlhttp://www.automobileindia.com/new-vehicle/15-maini.htmlhttp://www.automobileindia.com/new-vehicle/14-maybach.htmlhttp://www.automobileindia.com/new-vehicle/13-rolls-royce.htmlhttp://www.automobileindia.com/new-vehicle/12-nissan.htmlhttp://www.automobileindia.com/new-vehicle/11-premier.htmlhttp://www.automobileindia.com/new-vehicle/10-porsche.htmlhttp://www.automobileindia.com/new-vehicle/9-san.htmlhttp://www.automobileindia.com/new-vehicle/8-volkswagen.htmlhttp://www.automobileindia.com/new-vehicle/7-toyota.htmlhttp://www.automobileindia.com/new-vehicle/16-mitsubishi.htmlhttp://www.automobileindia.com/new-vehicle/15-maini.htmlhttp://www.automobileindia.com/new-vehicle/14-maybach.htmlhttp://www.automobileindia.com/new-vehicle/13-rolls-royce.htmlhttp://www.automobileindia.com/new-vehicle/12-nissan.htmlhttp://www.automobileindia.com/new-vehicle/11-premier.htmlhttp://www.automobileindia.com/new-vehicle/10-porsche.htmlhttp://www.automobileindia.com/new-vehicle/9-san.htmlhttp://www.automobileindia.com/new-vehicle/8-volkswagen.htmlhttp://www.automobileindia.com/new-vehicle/7-toyota.htmlhttp://www.automobileindia.com/new-vehicle/16-mitsubishi.htmlhttp://www.automobileindia.com/new-vehicle/15-maini.htmlhttp://www.automobileindia.com/new-vehicle/14-maybach.htmlhttp://www.automobileindia.com/new-vehicle/13-rolls-royce.htmlhttp://www.automobileindia.com/new-vehicle/12-nissan.htmlhttp://www.automobileindia.com/new-vehicle/11-premier.htmlhttp://www.automobileindia.com/new-vehicle/10-porsche.htmlhttp://www.automobileindia.com/new-vehicle/9-san.htmlhttp://www.automobileindia.com/new-vehicle/8-volkswagen.htmlhttp://www.automobileindia.com/new-vehicle/7-toyota.htmlhttp://www.automobileindia.com/new-vehicle/16-mitsubishi.htmlhttp://www.automobileindia.com/new-vehicle/15-maini.htmlhttp://www.automobileindia.com/new-vehicle/14-maybach.htmlhttp://www.automobileindia.com/new-vehicle/13-rolls-royce.htmlhttp://www.automobileindia.com/new-vehicle/12-nissan.htmlhttp://www.automobileindia.com/new-vehicle/11-premier.htmlhttp://www.automobileindia.com/new-vehicle/10-porsche.htmlhttp://www.automobileindia.com/new-vehicle/9-san.htmlhttp://www.automobileindia.com/new-vehicle/8-volkswagen.htmlhttp://www.automobileindia.com/new-vehicle/7-toyota.html


12/14

Mercedes-Benz Cars in India

Jaguar Cars in India

Lamborghini Cars in India

Land Rover Cars in India

Mahindra Cars in India

Ford Cars in India

Hindustan Motors Cars in India

Honda Cars in India

ICML Cars in India

Bentley Cars in India
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13/14

BMW Cars in India

Chevrolet Cars in India

Fiat Cars in India

Mahindra-Renault Cars in India

lexus Cars in India

Mahindra Cars in India

Opel Cars in India

Daewoo Cars in India

Aston Martin Cars in India

Bugatti Cars in India
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14/14

Ferrari Cars in India

Maserati Cars in India

Heavy commercial vehical manufacture

TATA MOTORS LIMITED

ASHOK LEYLAND LIMITED

Eicher Motors Limited

SML ISUZU LIMITED

Two wheelers manufacturer

Hero Honda Motors Ltd:

Bajaj Auto:

TVS Motor Company

Majestic Auto Ltd:

Kinetic:

Suzuki Bikes and Scooters:
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Date post:	04-Apr-2018
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