Showing posts with label Detroit. Show all posts
Showing posts with label Detroit. Show all posts

Wednesday, June 24, 2009

Jai Sri Krishna Detroit!

Well my earlier prediction that US government will save GM from chapter 11 blushes was proved wrong. However Chapter 11 might have opened the doors for the Indian Underdogs.

The world has changed a lot after the early years of the 21st Century and so is going to change the Landscape of Detroit. It was not very long ago that we in India were struggling to make an indigenous car of our own. The same guys in a decade or so have Jaguar in their basket. Our man of steel would prefer it to be re-branded as Inguar probably. All the truck and tractor companies of our erstwhile licensed economy are now making inroads into US with new flashy models.

Morning I got to see the headlines of CNN and I knew ‘Indians are coming’ is a past tense now and they are in the flight to Detroit. We have created the tractors and the trucks which are definitely not in the best leagues ever but affordability is the new mantra of the changing world. We are capable of getting Nano in every field. Well some might say China is the best but somehow we are more aggressive and confident of taking over the world.

FED sees some greenshoots on the economy and may be it is the revolution unleashed by India to grow the green further in their turf. We are definitely affected by the baby christ effect on the monsoon but its candid that its Jai Srikrishna time for the Detroit.

The Indian invasion of Silicon Valley is almost saturated now;

NEXT is WHAT: Truck and the tractor makers of India unleash a new Era of auto invasion. :)

Saturday, November 15, 2008

A Flint for Detroit in the Waiting!!!



General Motors is out of cash. The so called experts who could not even smell the financial meltdown are claiming liquidation is inevitable for the giant automaker. The domino is waiting to cascade its effects in terms of millions of jobs to be swamped away. While the warehouses will become the haunted places for the ghosts of the subprime, the torching of the blast furnaces will probably end. The green guys will hardly find places to stack up their rebel green flags.

Michael Mooray in 1989 had made a documentary Roger & Me which had depicted the aftershocks of the plant closures by GM in Flint , Michigan. The move to close the several plants out there had 30k jobcuts and that is enough a blow to devastate the city economically. Mooray had a reason to grin as GM was making good profits then. After 2 decades the whole Detroit is waiting for the Flint stunt.

A government bailout is believed to provide wheels to the automaker amidst fears of creating a hue and cry as people bitten or unbitten by subprime will queue up for share of the pie.

While GM will be probably sailed through the turbulence ,I am anxious to find what happens to my chevy after GM’s death.