GM to launch 6 new cars in India
March 4th, 2011 - 5:50 pm ICT by IANSKolkata, March 4 (IANS) Carmaker General Motors (GM) India will launch 14 variants of six new models in the country in the next two years, a top company executive said Friday.
“We will launch 14 variants of six new models in the next 24 months. Among the six, two will be commercial vehicles, which will be launched next year. The other models will be SUV and Sedan, among others,” General Motors India president and managing director Karl Slym told reporters here.
He said the company will showcase a mini Chevrolet electric car in Arpil. The car has been developed at GM’s Bangalore plant.
He, however, declined to comment on when the electric car will be formally launched in the country.
According to Slym, GM was eyeing at selling two lakh and three lakh cars in 2012 and 2013, respectively, in India.
He also said that capacity of the Halol manufacturing plant, which currently produces 85,000 units, was being expanded to 1.1 lakh units, pumping in $500 million.
Stating that the car industry in India grew by 30 percent last year, Slym said the company’s sales grew by 60 percent in 2010.
This year the industry was is expected to grow by 12 to 15 percent and the GM aims growth at twice the market rate, he said.
- GM India to launch six new models in two years - Feb 12, 2011
- General Motors to launch six new car models by 2013 - Jan 28, 2011
- GM India eyes 25 percent growth, Cadillac launch not soon - Aug 04, 2011
- GM expects more sales with Beat's diesel version - Jun 23, 2011
- General Motors to launch small car Sail in Q3 - Mar 26, 2012
- GM India planning to sell two lakh cars annually - Jan 14, 2010
- General Motors targets 40 percent volume growth in 2011 - Feb 14, 2011
- General Motors launches new sedan 'Cruze' - Oct 21, 2009
- General Motors to commission powertrain engine plant - Sep 03, 2010
- Renault bets on diesel models to beat competition - Dec 18, 2011
- LNG facility for GM plant in Gujarat inaugurated - Sep 22, 2010
- November car sales zoom (Second Lead) - Dec 01, 2010
- Hyundai to increase car prices from January - Dec 07, 2011
- General Motors India launches Smartech petrol engine - Jan 28, 2011
- Volvo plan to sell stripped-down luxury sedans - Jul 22, 2011
Tags: car industry, carmaker, chevrolet, commercial vehicles, company executive, electric car, general motors, gm, kolkata, lakh units, managing director, manufacturing plant, models, motors india, new cars, s sales, showcase, variants