1) Maruti Udyog Ltd., India's biggest carmaker, has offered cash rebates to attract buyers who may defer purchases as interest rates increase.
2) Maruti will introduce the SX4 sedan by May 15 to compete with Honda Motor Co. and General Motors Corp. in Asia's fourth- biggest automotive market. The SX4 will be followed by an upgraded version of the sport-utility vehicle, Grand Vitara.
Great product + great price = great revenue.
Perhaps everyone knows this well. Which explains why it is that some people will buy nothing but Maruti cars and some anything but Maruti cars?
[Click here for full story at: BLOOMBERG.COM]
Monday, April 23, 2007
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