BUS MARKET * India - Auto makers hitch ultra luxury ride
The luxury bus market is catching the fancy of domestic auto majors
Mumbai,India -The Business Standard, by Swaraj Baggonkar -August 19, 2007: -- With the sales of luxury buses growing up by over 40 per cent every month, leading companies such as Ashok Leyland, Tatas, Firodias, Eicher Motors, Daimler, MAN-Force, Tatra Vectra and Asia Motor Works are jumping on to the bus bandwagon... Improved highways, which can support these large luxury buses, and the tourism boom impelling tour operators to expand their bus fleet sizes to meet the new demand, are the key reasons for attracting players. Also many state transport corporations are replacing their old buses with some luxury coaches, especially in large cities. As a result, the 15,000-20,000 units a year luxury bus market is attracting more players...
Labels: bus markets
posted by Unknown @ 1:26 PM
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