Wednesday, April 17, 2013

BMW to assemble Mini cars in India

This article talks about BMW who are set to begin building mini countryman models in India . This move shows the confidence that the German car manufacture as in India's emerging car market. Car sales have gone up in the country which has attracted attention of many major car brands.

India has a 100 % import duty on importing fully built cars .This move would save BMW a lot of import duties which it faces. BMW started selling minis in 2012 and have already sold a total of 300 cars. This move surely suggest that the market is demanding these luxury brands , even though latest figures have showed a slowdown in the market.

http://www.bbc.co.uk/news/business-22184453

1 comment:

  1. I see no problem with this. One could argue it might be taking advantage of another country. But in my eyes, it is to BMW's advantage to take this opportunity and ride it out.

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