HariPrasad
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Good opportunity for India.
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Keyword: 2007Land Rover isn't known for its longevity, its plagued with transmission problems. I owned a 2007 Land Rover LR3 before trading it in for a Toyota 4Runner last year.
Keyword: 2007
Well next time give a recent example, instead of some 8 9 years old car.Nah. Land Rovers really aren't known for their efficiency. They're beautiful machines, but a pain in the gluteus maximus to maintain.
Perspective: Russia is the 7th or 8th largest car market in the world, at ~2.4 million cars per year. Most of Russia's "domestic" production is actually foreign companies operating joint ventures or their own plants in Russia. The market is in a very recent slump.
For comparison, the US is perhaps 15 million per year, and China perhaps 19 million per year (albeit, somewhat less pricey cars, for now).
World car sales numbers: Focus2move| 2014 Global Car Sales - April
The current speculation is that Russian production may take a serious hit due to some other concerns, so it is possible that Putin wants to try some protectionist stuff with the auto industry.
Global automakers to shutter Russian plants? - Autoblog
Russia car sales fall 23 percent in July - AEB lobby group By Reuters
In any case, if joint ventures are not shut down, Russia would still be buying from the sanctioned countries, in effect. There just aren't any really solo Russian operations. Seizing them all would be interesting - that would really set off a serious trade war with Europe.
TATA should get Jaguar and Land rover assembly in Russia. Loss of West must become India's gain.
Putin needs to get off his Vodka. an actual war although highly unlikely, NATO could seriously damage Russia. Russia's only friend will be India. China has huge business interests in USA and Europe. I doubt India can challenge NATO militarily.
Stabbing US and EU again in the back. I think US should ban Indian H1 Visas too, if India violates sanctions.
I don't know why Putin si acting soft when he can just show aggression and take Ukraine and finish the agony of his people and let the west do bla bla with their sanction .
just put some nuclear weapons all over the world e.g iran,syria and latin america and see how the world then react .
who said we want to be a worldpower? We want territory
Russia can seize them and make them solo operations. Its not hard to kick out the foreign partner and give the domestic producer full control.
Russia can also take all the money the foreign company earns in Russian sales and transfer it to the Russian partner.
Chinese auto makers are going global and already set up auto plants in Russia.
The EU and Japan lose massive revenues directly and indirectly as their auto industry heavily contributes to the their economies.
China too has been trying to destroy foreign auto makers.
Auto industry is not a strategic industry so the foreigners can be squashed like rats.
last time China tried this, the EU crushed the chinese solar power industry like rats. The EU just installed such high import taxes on chinese solar cells, that the chinese corporations went down the drain.
He is very smart player and have very good cards on table....