GM India will bring in a new variant of its small car model Chevrolet Spark to India. The Indian arm of the US auto maker General Motors is unaffected by the bankruptcy filed by its parent company. It has its operations from Halol in Gujarat and the company is ready with plans lined up for the Indian market. It will unveil the new model for Chevrolet Spark this Friday.

GM India is positive about the upcoming launch and plans to launch an ultra-cheap car by 2011, to be placed below Spark. The new car will be developed in India and will be priced around Rs. 2 lakh. It will cater to the demands from growing economies like China, India, Brazil and other counties like Latin America, Russia, etc.

The parent company General Motors which filed chapter 11 on Monday is spruced up to dispose its brands like Saturn and Hummer. The company has agreed on selling its brand Hummer to a Chinese auto maker Sichuan Tengzhong Heavy Industrial Machinery Co.

The acquisition by this little known Chinese firm will save at least 3000 jobs in US. The GM plant in the US will continue to manufacture Hummer for its new owner until at least 2010.

General Motors’ bankers have tapped a dozen carmakers like M&M and Tata Motors to sell its brand Saturn. The company is disposing its assets as a part of its bankruptcy procedures which will lead to a new but small General Motors under the control of the government.

Best Selling General Motors (Chevrolet) Cars:
Chevrolet Aveo (Sedan)
Chevrolet Optra (Sedan)
Chevrolet Tavera (SUV)
Chevrolet Captiva (SUV)
Chevrolet Spark (Hatchback)
Chevrolet UVA (Hatchback)
Chevrolet SRV (Hatchback)

Related News:
GM contemplates Rs 2 lakh mini car for India
GM at 78th International Motor Show in Geneva
Next-Generation GM Hybrid System on display at Geneva Motor Show
GM to push hybrids, electric vehicle & batteries

Related Books:
El Automovil de Mi Abuelo = My Grandfather's Car
In the Driver's Seat: A Girl's Guide to Her First Car
Dream Cars: The Best Cars in the World

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Posted by Amrith K.A on 5 June, 2009 3:15:03 PM IST #