Archive for December, 2011

The Indian Automotive Media

December 28th, 2011

Was at the launch of the Mercedes M- and S-Class. Times surely have changed in the Indian and global markets. A few years back, I remember when Merc entered the Indian market, the first press con had a ‘selected media list’. This time the list had significantly expanded and the company was more open to answering questions.

Talking of questions, I am sure that even the Mercedes India top brass wasn’t ready for an ambiguity like “What is your marketing strategy for the S Class?” This came from a PYT in low waist jeans from a 24-hr news monstrosity. While she was quite clueless about the industry, her confidence and self-belief was commendable as she never even twitched before repeating the question once again. What answer did she expect? “We plan to peddle the S-Class through pyramid marketing schemes?”

Its not that she was a unique case. With press cons nowadays heavily crowded by the numerous 24 hr news channels (at last count there were 65 of them – I did the counting and after 20 got tired and just made up the number but hey there are many), it is a PR firm’s nightmare to keep a track on who came, asked what and reported which version.

» Read more: The Indian Automotive Media

2009 – A Crazy Year For the Automotive Industry

December 21st, 2011

2009 has not only been a crazy year for the banking industry – which as we all know has seen many ups and downs… It has also been quite turbulent for the automotive sector too!

The Scrappage Scheme has made both the new and used car marketplace have many ups and downs. First and foremost it has boosted new car sales – which was its main intention, alongside reducing the amount of old cars on the road, but it also sent the used car market into chaos too.

The success of the Scrappage Scheme has meant that used car dealers have had a fantastic 2009. The fact that thousands of motorists sent their used cars to be scrapped meant that there was a severe shortage of used cars available…so the ones which were available were in high demand.

This was fantastic news for used car dealers as used car prices actually rose by 30% – a record figure. Bartering over the price of a used car was almost unheard of as dealers remained adamant that they would get the asking price they wanted. The only problem for dealers was actually being able to keep their forecourts full of cars.

» Read more: 2009 – A Crazy Year For the Automotive Industry