In the old economy with globalization critics who were all sculpted metaphor, they are linked again

In the old economy with globalization critics who were all sculpted metaphor, they are linked against the old Ambassador and Fiat cars were common tales of new flashy cars. State capitalism was true that in an era of government control in the absence of competition has produced these cars the way its contemporary competitors, leaving behind their European countries, has shown. Sanjay Gandhi era when the Japanese company Suzuki Maruti-Suzuki in India were beginning to be called small cars so they were quite popular and after the opening of the market in the nineties all over the world cars in India with companies newly brought new models. In addition, sexy back dresses almost all companies are constantly increasing their demand Daewoo and also were able to earn profits. For proponents of globalization of its success was a fluttering flag. But extends on a scale of world recession, this sector has also survived. sexy back dresses For the quarter ended in March, four wheel and two wheel automobiles, decreased growth in both areas, and has recorded a steady decline in sales.
Hundi in the quarter, Honda Car, General Motors, Ford and Tata is recorded as a reduction sexy back dresses in sales of car producers. Hundi sales decreased 13.46 percent in the previous sexy back dresses quarter dropped to 33 858 compared to 39 122 cars, Tata's car sales declined 66.62 percent heavier than the 36 984 12 347 dipped down only. Ford's car sales decline in General Motors and Honda Cars for 41.61 per cent, respectively, 14.94 and 8.82 per cent. Total passenger car sales decreased 6.7 percent on average during this period. The medium sexy back dresses and high prices, while car sales fell 40 percent, reducing demand generally unaffected by the various factors to be considered. Moreover, sales of two-wheelers sexy back dresses and Hero Honda Motrcarps also decreased and sales of major producers such as TV's, respectively, 11.36 and 10.89 per cent were low. The direct effect making parts for these companies to smaller companies have had on sales and profits.
First time in the last decade as a result of this lack flurry of producers will tell you it is not a general shortage. Maruti continuously decreasing demand in the wake of the last four months of its Gurgaon and Manesar factory twice a week at the factory decided to stop working one day a week. Tata Motors has been using his Maja sedan three years, sixty per cent of the sale price to the consumer price and buy back at a discount of fifty thousand new cars to be purchased and offered by 2015, the new investment proposals Volksvagn postpone the is made. Far Society of Indian Automobile Manufacturers (SIAM) Responding to these findings, stating that in 2016 the Indian government had set a target of total sales of 1.45 million dollars he will not be. Since the middle of 2012 the export situation in the region is not better. Exports sexy back dresses of two-wheelers in November 2012 decreased from the year 2011, 31 per cent of the total output was only 1 per cent of total export sexy back dresses growth of the automobile sector was negative in the same round in the near future do not see it be no chances of better are. Sri Lanka on the global market downturn and particularly important, such as import duties and taxes by the importing country due to heavy growth in the future and come down to be expected.
Obviously this crisis is not an immediate crisis. Because of Siam after the report of Heavy Industries and Public Sector Enterprises Minister Praful Patel expressed concern before becoming budget for the region's growth was assured on measures discussed by the finance minister. The automobile industry has great expectations from this budget were to sail. Industry demanded that they should be given special tax relief, tax (22 percent in the last budget was 27 percent) and the interest rate reduced to 16 per cent should be allowed. But the 2013 budget did not meet these expectations completely. If Whikil excise tax on sports utility and multi-utility Whikil increased from 27 per cent to 30 per cent and the interest rate of loans granted special relief. Yes, the import duty on imported cars increased from 75 per cent to 100 per cent import duty on motorcycles has been extended and expensive. The industry analysts at the time and are hard to tell.
After coming to this area because of the problems is these? First and most obviously, it seems to be due to the massive growth of the automobile sector was showing in previous years, it was originally debt based. This property is debt-based growth trend that is the time when the loan provider and the borrower, both have high levels of confidence and vice versa in times of recession situations occur. All the way in these times of recession many businesses became unprofitable, it is possible that not repay the loan on time will increase the number of people, in periods of rising interest rates similar monthly installments and installments by banks a total of period to increase your being you also negatively affected consumer confidence. The debt-based economy, it is difficult to maintain sustainable growth, we have seen in India not only in the US manufacturing sexy back dresses sector. The second is a difficult reduction sexy back dresses in exports, which