Quote:
Originally Posted by Hitman1970
On a recent flight to DC I sat next to a financial consultant. I started talking about the woes of the Big Two. (Chrysler is doomed.) He was far more interested in talking about two companies. Mahindra and Tata motors.
He framed the discussion in this way. He asked how many autos do we in the US for every one hundred people? The answer is about 70 for every hundred man, woman, and child combined.
He then asked how many cars for every one hundred Chinese or Indian people? The answer was about two or three cars for every one hundred people from China or India.
The U.S. replacement market is not appealing to investors. They are drooling at the thought of the Chinese and Indian markets.
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You know your story raises some questions.
With such markets like that out there, why does Mahindra want to enter the US?
Or is it that the US market is being managed so poorly by those that should it's just like shooting fish in a barrel?
BTW, Mahindra would be a perfect match for Hummer. They would get an instant dealer network and GM would likely get away from a liability of shutting the dealerships down.