Originally Posted by dreadknight5
(Post 4183887)
I am all for trade restrictions, but this cannot be 1 way street right ? |
Originally Posted by Enobarbus
(Post 4183934)
Excuse my ignorance, but I thought all car manufacturers who set up shop in India and use local vendors and local workforce pay the same taxes as the local car manufacturers and that all of them (including the local manufacturers) pay higher taxes only for imported parts. |
Originally Posted by dreadknight5
(Post 4183777)
I must say i am impressed with KIA. KIA started off in USA as a low end budget car with plenty of faults and defects. 15 years ago in USA, Kia was considered to be a shitty vehicle. People used to make fun of it and it was considered bad to even get a KIA vehicle as a gift. Now, within a span of 15 years, KIA seems to be among the most reliable cars in USA. Goes to show that where there is a will , there is a way. Now, i start to ponder on our desi brands like TATA and Mahindra who despite having huge advantage in terms of heavy taxes implemented on CBU and imports , just struggle when it comes to providing premium quality. We consumers pay lot more for cars in India when compared to USA. For example Honda Accord in USA costs anything between USD 22,000 - 35000. $22,000 in USA is not even remotely close to what 13L means in India. $22,000 is maybe 4 months of salary for a junior- mid resource. An inferior version of Accord sells from 37L -45L in India. This is where Tata's ,Mahindra's etc have a big advantage. Yet, model after model, time and time again they seem to release products with plenty of bugs and lower quality parts. IF huge import duty tax was not on the vehicles from outside India, these 2 would have been washed out by now. I think we should stop shielding people and let competition decide survival of the fittest. This protectionism doesn't really help. Be it in automotive sector or other sectors |
Originally Posted by pgsagar
(Post 4184073)
The problem does not seem to be with Tata / Mahondra. It's with our mindset. No matter how much this desi duo improve quality, we Indians continue to be their harshest critic. Going all out to look for a small reason to reject their cars, even if they are priced excellently for what they offer and even if other foreign brands fleece us by raising prices and removing features, we continue to go gaga over their cars. Amercians may have accepted a foreign brand Kia 15 years down the road but we will not accept our desi brands no matter how much they improve. That is the irony here. |
Kia intends to differentiate itself from Hyundai and develop its own identity in India. "From the beginning, we will be different from Hyundai, be it in product, dealer or in advertising. We will not confuse the customer with the Hyundai brand, or else our sales will be affected |
An investment of $1.1 billion (around Rs 7,050 crore) will go into the plant, which is spread over 536 acres. Production will begin in the second half of 2019, and sales by the end of the same year. The Korean carmaker also specified plans to produce an India-focused compact sedan and compact SUV |
Kia Motors to build manufacturing plant in India - India presents an opportunity for further sustained growth in the fifth largest new car market in the world - Construction of Andhra Pradesh facility to commence in Q4 2017 - Mass production due to begin in 2019, with 300,000-unit annual capacity - US$1.1 billion investment agreement for establishment of manufacturing plant in India (SEOUL) April 27, 2017 – Kia Motors has signed a memorandum of understanding (MOU) with the State Government of Andhra Pradesh, India to build a new manufacturing facility in Anantapur District. The MOU was signed today at a ceremony held in the city of Vijayawada, a part of Andhra Pradesh Capital Region, attended by executives from Kia Motors and the Chief Minister of Andhra Pradesh, Nara Chandrababu Naidu. Construction of the new manufacturing facility, Kia Motors’ first in India and representing approximately a US$1.1 billion investment, will commence in the final quarter of 2017. The manufacturing facility is expected to begin production in the second half of 2019 and produce up to approximately 300,000 units each year. Kia plans to produce a strategic compact sedan and compact SUV especially for the Indian market at the new plant, which will occupy around 23 million square feet (2.16 km2 / 536 acres) and incorporate facilities for stamping, welding, painting and assembly. The site will also be home to numerous supplier companies’ facilities. “We are delighted to announce that Kia’s newest manufacturing facility will be here in Andhra Pradesh,” said Han-Woo Park, President of Kia Motors. “It will enable us to sell cars in the world’s fifth largest market, while providing greater flexibility for our global business. Worldwide demand for Kia cars is growing and this is our latest step towards becoming a leading global car manufacturer.” Manufacturing in the fastest-growing major new car market Construction of a new manufacturing facility in India will enable Kia to maintain its position as one of the world’s fastest-growing automobile brands. The new facility in Anantapur will enable the company to start selling its models in India, and benefit from further sustainable sales growth, locally and internationally. Kia plans to commence local sales of cars produced at the new facility towards the end of 2019, once mass production begins in Anantapur. Furthermore, the region’s fast-developing supply chain network and skilled labor force were other key reasons for the new investment by Kia Motors. India is the fastest growing major new car market and the fifth largest in the world, with more than 3.3 million new cars sold in 2016. Forecasts suggest the country will become the third-largest car market by the end of 2020. ### About Kia Motors Corporation Kia Motors Corporation (www.kia.com) – a maker of world-class quality vehicles for the young-at-heart – was founded in 1944 and is Korea's oldest manufacturer of motor vehicles. Over 3 million Kia vehicles a year are produced at 14 manufacturing and assembly operations in five countries which are then sold and serviced through a network of distributors and dealers covering around 180 countries. Kia today has over 51,000 employees worldwide and annual revenues of over US$45 billion. It is the major sponsor of the Australian Open and an official automotive partner of FIFA – the governing body of the FIFA World Cup™. Kia Motors Corporation's brand slogan – "The Power to Surprise" – represents the company's global commitment to surprise the world by providing exciting and inspiring experiences that go beyond expectations. |
Originally Posted by GTO
(Post 4189633)
Notice the complete absence of Hyundai - The slanted H isn't even mentioned once. Why? It allows Kia to have an independent image in the eyes of the public. A new brand also means that Kia can increase volumes by introducing more cars in the hatchback segments (where Hyundai already has enough cars) and more dealers (including in the vicinity of Hyundai dealerships). This wouldn't have been possible without a fresh brand. |
Originally Posted by Nohonking
(Post 4189841)
A week back, . I noticed Kia Sportage (SUV platform) and Kia Rio (B1 hatch) being very popular among comparatively much thin population of cars there.---. |
In many respects the Rio is a step backward over its predecessor. To our eyes it doesn’t look as attractive, while the interior is built from materials that wouldn’t look out of place in a budget city car. It’s also expensive. On the plus side, it’s well equipped, spacious and undemanding to drive. But in a class as competitive as this, the new Kia doesn’t do enough to stand out from the crowd. |
Originally Posted by volkman10
(Post 4189845)
Since you mentioned on Kia RIO, the car was recently test driven along with VW Polo and Suzuki Baleno. They have a lot to do if they have to compete with Maruti Suzuki/ Hyundai. |
Originally Posted by Nohonking
(Post 4189863)
I do not think it deserves to be driven along with B2 hatches like VW Polo and Maruti Suzuki Baleno. |
Originally Posted by Nohonking
(Post 4189863)
Dear volkman10, To my understanding and observation made of Kia Rio in Nepal, I do not think it deserves to be driven along with B2 hatches like VW Polo and Maruti Suzuki Baleno. This car can compete very well only if positioned in B1 category. IMO, positioning it in B2 segment may be disastrous for Kia. Thanks. |
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