There is a lot of demand for cars in India, why are car sales so bleak?

India's total car sales plunged 36% in July as the economy slowed further, and the world's most promising auto market suffered its worst performance decline in nearly 20 years. <>

The Indian auto market has been very dismal for the past year, with sales not only for nine consecutive months**, but also for the last four consecutive months with sales exceeding 20% year-on-year**, which fell further in July. According to data just released by the Association of Indian Automobile Manufacturers, passenger car sales in India fell 31% in July, the largest decline in nearly 20 years. <>

Just last year, India's car market was thought to overtake Germany and Japan as the world's third-largest car market. Currently, India has overtaken Germany as the world's fourth-largest car market in terms of car sales. But as Basudeb Banerjee, an auto analyst at the Indian financial conglomerate Ambit, said, Indian cars have never been in such a bad shape in the past 20 years.

According to the data, India's car sales in July fell 36% year-on-year to 10,000 units, with truck and public sales falling 26%, the biggest decline since February 2014. Nearly all automakers with factories in India saw sales declines in July, including local heavyweights such as Tata and Mahindra and multinationals such as Toyota and Honda. Affected by this, many companies decided to reduce production.

Such a severe downturn in the auto market, coupled with the shift of consumers from buying private cars to alternative options, has led many analysts to question whether the weakness in demand is cyclical or symbolic of a broader trend shift.

There are many people in India, so the demand for cars is also relatively large, but India is different from China, and people in India are relatively poor, so most of those people can't afford to buy cars, and it's normal for sales to be bleak, so India's car market sales are unaffordable for the poor.

India is a developing country, and the gap between the rich and the poor is very large. Think about what China was like in the past, with such a large population, only a small number of people bought cars. But the focus of future car sales will definitely be on China and India, because the population base is there.

It's normal for sales to be dismal, so the car market in India can't afford to sell cars.

This is because the average salary level in India is not high.

India has a large population and a very low GDP per capita.

This is because they are economically underdeveloped.

The gap between the rich and the poor is very large, and even if there is a lot of demand, it is considered an individual.

Because the people who can afford it don't need it anymore.

India is a developing country, and the gap between the rich and the poor is very large.

It's normal for sales to be dismal.

After all, many people can't afford to buy a car.

What trailers that everyone generally buys in India are not particularly expensive.

I believe that on the one hand, many of India's infrastructure and industrialization progress make it difficult to manufacture automobiles as a basic industry, and on the other hand, India has related differences in the introduction and settlement of foreign car companies. As a result, there have always been gaps and problems in India's self-built cars.

In the eyes of many ordinary people, although India's modernization level and economic and people's livelihood have not been optimistic, but in the development of industrial science and technology, India has always wanted to take into the world's attention to the achievements, with the new energy vehicles in the world have a certain degree of improvement and development, India is also eager to create India's own brand car industry through a variety of ways.

India's infrastructure and industrialization make it difficult to manufacture automobiles.

In fact, India's three-wheelers and two-wheeled electric vehicles are still the most important models, largely due to the fact that India's local infrastructure and road manufacturing are too narrow, which hinders the development and purchase of the Indian automotive industry. While this has changed dramatically in recent years, and many households in India have enough income to buy a car, it will take a long time for India's infrastructure and industrialization to pay off. <>

India has disagreements on the introduction and settlement of foreign car companies.

India has also had exchanges and communication with Tesla, a well-known new energy vehicle company, on issues related to the introduction and settlement, but India's high tariff methods and proposals have not been recognized by Tesla, and both sides have produced a very big stalemate in this situation, which has hindered the introduction of manufacturing and technical talents of Indian car companies. <>

I don't think India should be too anxious about this kind of problem at the moment.

In view of India's existing problems, the per capita consumption level of its young population has great potential, but it should not be too hasty and progressive on the road to independent industrial and automobile manufacturing. The most important thing is to improve the overall industrial level of India first, and when there are real talents and industrial base for car manufacturing, and then invest in independent research and development, it is possible to achieve the desired real effect. <>

India's car consumption has risen to the fourth highest in the world, and it will continue to grow as India's population grows. However, India's own automotive industry has been slow to develop, which can be summarized in three reasons. First, India** has limited support for the automotive industry.

Second, the core technology in the automobile manufacturing industry is controlled by Western countries. Third, India's financial system is relatively backward.

Strength of support. India is the world's most populous country with good potential for consumption power. As a common consumer product, automobiles can improve the quality of life.

India levies a GST of up to 28% on motor vehicles, plus local taxes. The purchase tax of automobiles accounts for 4% of the purchase price, and the impact of excessive taxes on the automobile manufacturing industry is huge. **The conflict of interests with car companies, profit margins and restrictions on purchasing power discourage local car companies and foreign capital.

Technical controls. India's own high-end manufacturing industry is very backward, and international well-known brands are very scarce. India's top industries are software services and biotechnology, and most of the software services are outsourced** processing; Most of the biotechnology industry is contract manufacturing of pharmaceuticals.

Neither industry has its own core technology. The same problem exists in the automotive industry, where core technologies are controlled by Western countries, which can avoid the rise of India in Asia, which will affect the world pattern and control of the Indian Ocean.

financial system. To develop a complete automobile manufacturing industry, there must be strong financial support and enterprise investment. India's financial system is relatively backward, and most of the financial institutions were mainly established in the early 60s.

The main lending business of financial institutions is agriculture. The proportion of industrial, real estate and commercial loans is relatively small. This has also inhibited the development of the automobile manufacturing industry.

With India's reform and opening up, Western car companies have increased their investment in India, and capital will try to suppress local investors to enter the auto manufacturing industry.

The best way for India to develop its automotive industry is to develop its own brand of electric vehicles, as well as improve its financial system and strengthen its infrastructure.

It is because India is somewhat lacking in steel resources, and India's manufacturing industry is not very good development, if India wants to manufacture a better quality car, they need to import a lot of automotive raw materials from foreign countries, which leads to a great increase in the cost of India's car manufacturing, if India wants to improve its own income, it must raise the quality of the car, but in this case, most people will choose some imported vehicles, As a result, the Indian car industry has not developed well.

The core reason why India's automobile manufacturing industry cannot develop is that there is no core technology, the core technology of the traditional automobile industry is monopolized by foreign countries, and new energy vehicles need strong scientific research.

India is a developing country, it is relatively backward, all kinds of technology are not perfect, and in order to adapt to India's local geographical environment and living needs, its appearance and various properties are biased towards localization, not suitable for the international.

Because the economy of this country is not very developed, there are not many high-tech talents, and there is no advanced technology.

Hello, you are asking the question of when will Indian cars enter the market in our country.

In recent years, Indian automakers have been aggressively expanding into foreign markets, including the Chinese market. Before Indian cars enter the Chinese market, they need to go through many preparations, including technology, quality, safety and other preparations.

First of all, Indian car manufacturers need to ensure that the technical level of the vehicles meets the requirements of the Chinese automotive market to ensure the safety and reliability of the vehicles. Secondly, Indian car manufacturers need to ensure that the quality of their vehicles meets the requirements of the Chinese automotive market to ensure the longevity and reliability of their vehicles. In addition, Indian car manufacturers also need to ensure that the safety performance of their vehicles meets the requirements of the Chinese automobile penetration market to ensure the safety of the vehicle.

After the preparation of technology, quality, safety, etc., is completed, Indian automakers can start launching vehicles to the Chinese market. Based on the current situation, Indian cars are expected to enter the Chinese market by the end of 2020 and continue to expand in the Chinese market in the coming years.

Why can't Chinese cars sell in India? Indian: We Tata Motors have blown you up!

India's auto industry, the world's fastest-growing auto industry, fell by more than double digits year-on-year in the second quarter of this year, the largest decline in the Indian auto market since the 2008 financial crisis.

As of July, passenger car sales have fallen for nine consecutive months, with some automakers seeing sales fall by more than 30% year-on-year in recent months. In order to revive the automotive industry, which contributes 7% to India's GDP, on August 7, local time, executives of automotive companies including Maruti Suzuki, Hyundai Motor, Toyota Motor, Skoda, Mahindra and Tata Motors discussed the current difficulties faced by the industry with India.

Auto executives are asking for incentives for end-of-life vehicles, saying the move will help boost new car sales; And urged **** to reconsider the proposal to increase car registration fees, so the move will hurt consumer demand. Indian auto industry executives are urging ** to reduce the tax rate on cars and auto parts from 28% to 18% and seeking to get banks to lower lending rates and ease lending conditions, according to a source. Executives are also asking for a slowdown in the implementation of electric vehicle plans.

Despite the auto industry's desire to switch to cleaner fuel technology, the radical move will delay consumers' purchase decisions as consumers worry that gasoline vehicles could be banned from the road in the future, the sources said.

The last position.

Suzuki Motors, which has retreated to India, announced its financial results for the first quarter of fiscal 2020 (April to June 2019) on August 5. Judging from the financial data, Suzuki's operation is not ideal. During the reporting period, Suzuki's net sales were 907.5 billion yen (about 60.5 billion yuan), a year-on-year decrease of 8%; operating profit was 62.6 billion yen (about 4.2 billion yuan), down 46% year-on-year; Net profit was cut in half, falling 53% year-on-year to 40.5 billion yen (about 2.7 billion yuan).

After abandoning the U.S. and Chinese markets, Suzuki Motor has increased its investment in the Indian market, with as many as 13 models on sale in the Indian market, and even given special car treatment for Indian road conditions. However, Suzuki, which has been focusing on small cars, has not been able to alleviate its decline in India. As of July this year, Maruti Suzuki (Suzuki Motor Co., Ltd.'s joint venture in India) has had negative sales growth for six consecutive months, of which the sales volume in India in July was 10,000 units, a sharp decline year-on-year.

Although the Indian market is currently in crisis, car companies including Suzuki and Hyundai Kia have lost their hands in China and the United States, so they are still willing to take the world's fastest-growing Indian auto industry as their last position.

In Japan, domestic production declined due to Suzuki Motors' improved vehicle detection system; In India, this is due to a decline in demand for automobiles.

The Indian auto market is not good and the economic environment, and the pressure of the local traffic environment are related, and the best guidance is inseparable, why the car companies that stick to it, a brand from entering the market, to people's cognition, how much effort and funds to go through, how can you give up casually, but stick to it must also have the confidence to stick to it, one is the belief that the market will be good, and the other is to have the capital to stick to it, all of which are indispensable.

The reason why he is holding on to it is because he believes that he will survive in a desperate situation.

Generally, it is not easy for a brand to work hard in the mall. A well-known brand is even more difficult, and it is difficult to let go of things that are not easy, so I am still persistent, maybe it will get better later.