Questions and Answers: Dr. Bernd Loeser and Dr. Nikolaus Lang
Interview with Dr. Bernd Loeser and Dr. Nikolaus Lang
How will the growth of low cost cars in India and China change the challenge for international suppliers, if at all? How well do you think international suppliers are adapting to local needs?Low cost cars represent one car segment only, which is more relevant for India and China, than for export. Many foreign automotive suppliers have established production facilities in China and India, most of them located close to foreign OEMs' plants. Their presence reflects both local-content requirements and their clients' expectations. These suppliers have benefited from the strong growth of automotive manufacturing in both countries, driven primarily by surging domestic demand.
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