WallStAnalyst.com: Rural Push and Fuel Efficiency Emerge as Growth Engines for Automobile Industry

WallStAnalyst.com: Rural Push and Fuel Efficiency Emerge as Growth Engines for                              Automobile Industry    PR Newswire    BANGALORE, February 13, 2014  BANGALORE, February 13, 2014 /PRNewswire/ --  Hurrah to the Farmer  India is the  sixth largest  automotive manufacturer  in the  world, with  the  industry contributing about 6% to the GDP, 22% to manufacturing GDP as well as generating direct employment for over a million people and indirect employment for 15 million. Although the global slowdown has affected the fortunes of  the  automobile industry in India,  growing demand from  rural India is  propelling  the growth of the industry. Unaffected by most factors that have dented  urban  populations, rural Indian's spending is governed by the monsoons and a  bumper  crop. Thanks to a generous monsoon and increasing rural demand, the  dwindling  sales of  automakers  have received  a  new  lease of  life,  thereby  fueling  industry growth. Please access this report by following the link below:  http://wallstanalyst.com/sense-x/market-mantra/1250-the-great-indian-auto-diaspora    (Logo: http://photos.prnewswire.com/prnh/20131216/10084998 )  Fall of the Titan  Karl Slym, Managing Director of  Tata Motors Ltd, who  took over the reins  of  the company in September 2012 with  the aim of turning around India's  largest  vehicle maker, died in Bangkok on 26 January 2014. Slym's shocking death comes at a time when Tata Motors was witnessing a revival of sorts after his  strong  focus on two major product segments - commercial vehicles and passenger  cars,  called "One Team One  Vision", launched in December  2012. In August 2013,  he  added ACES (accountability, customer and product focus, excellence and  speed)  to this vision.  One of his  core job objectives  was to revive  the Nano  and  repositioning it as  a smart city  car. In this  regard, Tata Motors  recently  launched a premium edition of the Nano with new features to prop up  declining  sales. With his untimely death, there is a  huge gap to be filled in terms  of  leadership and vision that the company needs to tide over the storm.  http://wallstanalyst.com/blog/entry/meaning-of-success  Overview of US Automobile Industry and the Detroit 3  The automobile industry  in any  country is a  vital component  of its  growth  engine since it is extensively interconnected with the industrial and cultural framework. According to the  2010 Center for  Automotive Research report,  the  automobile industry accounted for a share  of 3-3.5% of the country's  overall  gross domestic product in the US. Since the automobile industry mainly depends on the manufacturing  sector for its  raw materials,  it is one  of the  major  drivers for the growth of the manufacturing sector over the past few  decades.  Rapidly evolving from  horse-powered buggies to  advanced hybrid  automobiles,  the industry has indeed come a long way. See our coverage of the US Automobile industry and the emergence  of the Detroit  3 by visiting  the Report page  on  WallSt.Analyst.com on Friday, 14 ^ February at   http://wallstanalyst.com/reports  About WallStAnalyst.com  WallStAnalyst.com (WSA) is your 'One Stop Hub' to find sensible stock analysis based on sound research, financial model and technical analysis - all of which are actionable to enable you to make timely investment decisions on the equity market. While our  work is  unbiased, we  are nonetheless  subjective when  it  comes to putting your interests first.  For more information visit www.wallstanalyst.com  Primary Media Contact: Ms. Vani Rao, press@wallstanalyst.com , 91-0080-412 88088, +919945596983  Contact: PRN