'Amby' car may run but not 'Ambassador': Experts
They said the brand Ambassador is dead and anybody trying to use it even for a new design car may not run in the market.
Even as French automotive group PSA mulls branding a model as "Ambassador", experts in branding and second-hand car sales are of the view that the brand name "Amby" might work if the proposed model is of entirely new design.
They said the brand Ambassador is dead and anybody trying to use it even for a new design car may not run in the market.
France's Groupe PSA has acquired the Ambassador brand from the C.K. Birla Group. Car maker Hindustan Motors Ltd that rolled out Ambassador belonged to the group.
The Indian group has now teamed up with Groupe PSA to roll out Citroen cars.
Speaking to reporters here recently, Linda Jackson, Chief Executive Officer, Citroen Brand, Groupe PSA, said they are reflecting on how to use the iconic car brand.
She said the Ambassador brand should be used with respect as PSA is inspired by the emotional connection the brand has in India.
"Ambassador as Ambassador will not run in the market now as other cars have overtaken it," Harish Bijoor, brand expert and founder of Harish Bijoor Consults Inc, told IANS.
"If the Ambassador car reinvents itself in a different avatar, say an electric car with a new design, then the old brand equity can be transitioned to a new brand Amby," Bijoor said.
Watch this Zee Business Video:
According to him, Ambassador is a retro name.
Bijoor said the company that would launch a new car under the brand Amby can dig into the history of the brand Ambassador and relate the same to the new brand.
He said even then, the outer design should not be like other electric vehicles in India as the future is Tesla.
"The body shell should be entirely different for the brand Amby," he added.
"It has been a long time since we sold an Ambassador. Buyers want a different design," K. Ravishankar, Partner, T.S. Mahalingam & Sons, told IANS.
The city-based firm is a major in second-hand car sales.
"Between 1990 and 1995, people used to buy an Ambassador and redo the entire interiors and also change the engine. Then the Ambassador with Isuzu engine took over. But soon after that it was on the downslide," Ravishankar said.
Curiously, except for the number of wheels, the similarities between Enfield Bullet and Ambassador remained the same for a long time.
Both are old Indian automobile brands and for a long time the companies that rolled them out failed to read the signals of changing market trends after the industry was opened up.
A sizeable percentage of their sales was accounted by the government (in the case of Ambassador cars), and police and Army in the case of Bullet bikes.
Fortunately for Bullet, Eicher Motors Ltd decided to focus on the product, corrected the glitches and sales started picking up.
On the other hand, it was a ride downhill for Hindustan Motors, which too tried different models and even tied up with Mitsubishi Motors to roll out Lancer and Pajero models. But it did not work out.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
07:50 PM IST