Aston Martin deal could happen this week-source

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haddin wrote:

India is shaking off its underdog image in auto industry. Tata has Land Rover, and now Mahindra is taking Aston. There are strong presence of German auto makers like BMW, Volkswagen, Audi in India. Auto part maker Schaeffler is also increasing Indian R&D expenditure to support Indian market. The rise of the Indian elite buyers are also fueling this. At the same time, companies like Tata, Mahindra, Ashok, Maruti, etc. are sitting on large amount of cash. Now, Indian car makers have gained the buying power which we never thought to be possible.

Nov 26, 2012 11:17pm EST  --  Report as abuse
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