BUS MARKETS NEWS * India - Smooth ride
New Delhi,India -Business Standard, by Ravi Teja Sharma -June 12, 2007: -- For years, the two prominent players in the bus segment in India were Tata and Ashok Leyland. But now Volvo, Kinglong and even Swaraj Mazda, with its Isuzu buses, have started making inroads into the market... Tata and Ashok Leyland have lately struck back by launching much-improved buses. Tata launched Globus in 2005 and company sources say, these buses have been bought by tour operators, inter-city transporters and airlines for use as tarmac coaches. Ashok Leyland too is ready for the launch of its new brand Luxura, in alliance with Spanish body-builder Irizar... The hiring cost of these new buses is almost 60-70 per cent higher than that of regular buses. The cost of a Volvo bus, he says, is also almost double that of a regular bus. So is the case with Kinglong buses, which are imported into the country... “Of course, the new buses are more expensive but you have to consider the fact that they are faster, the movement is easier and air-conditioning far better.”
Labels: bus markets
posted by Unknown @ 11:32 AM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home