Auto industry in India is in boom with the rise in sale there is a heavy rise in competition as well.
Small Car industry has seen an awesome growth in last Five years.
Global auto giant Mercedes-Benz is looking at developing a small car for the Indian market. But the company has not arrived at the conclusion yet.
It requires huge investment of nearly 1 billion Euros it says which required extensive R&D. The company plans to double it’s head count by next year.
A small car from the Luxury car maker would be awesome but if the prices are as high as Volkswagen Beetle then I don’t expect high volumes for the car.
I am still wondering about the looks of the small car! What’s your take on the same? Comment!