India, China not about to cut emissions — auto industries booming

“[T]he interest here is … about the recession-defying, double-digit growth rates of India’s auto market.  …

While the global economic recession caused a huge slide in car sales worldwide, “the overall growth rate in India has been 18 percent despite the downturn,” said Neeraj Garg, a director of Volkswagen Group Sales India.

India is expected to continue growing at double-digit rates in the next four to five years, said Garg, whose company is launching a small car, the Polo, in India.   …

The country is expected to produce upward of 3.5 million cars in the next five years. That should help India vault to fourth place in the global car market, after China, the United States and Japan.  …

The bottom end, which accounts for more than two-thirds of sales, is burgeoning.  …

Makers of high-end cars are expecting that wedge of the market to double in the coming years.”  “India autos:  Detroit?  Frankfurt?  Tokyo?  Not Anymore.

China supplanted the U.S. as the world’s largest auto market after its 2009 vehicle sales jumped 46 percent, ending more than a century of American dominance that started with the Model T Ford. The nation’s sales of passenger cars, buses and trucks rose to 13.6 million, the fastest pace in at least 10 years, according to the China Association of Automobile Manufacturers.”  “China Ends U.S.’s Reign as Largest Auto Market


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