- Ford (NYSE:F) and General Motors (NYSE:GM) are still spinning their wheels in India with each claiming a market share of only around 3% in what is tapped to be the third largest automobile market in the world by 2018.
- The Detroit automakers have been slow to adapt to local tastes for small sub-$10K cars.
- The "big two" in the nation are Suzuki (OTCPK:SZKMF) and Hyundai (OTCPK:HYMLF) which combined account for over half of all automobile sales in India.