Chevrolet India has already launched their Cruze premium segment sedan and we love it for what it offers and now it’s the time for another explosion with an all new mini car coming in December. The car will be launched from General Motor’s Talegaon plant, which will co-exist along Chevrolet Spark in the bottom of the price pyramid at Rs 4 lakh category.

This upcoming runner is code-named as M300 and is in its final round of testing and will be displayed at the 2010 autoexpo in New Delhi in January.

These two launches have made GM one of the hottest players in the Indian automotive market. Moreover, the Chevrolet Spark’s production at the Talegaon plant will also be increased within three months to meet the market demand.

The new mini car from GM is likely to be exported to the countries such as Bangladesh, Nepal, Bhutan and Sri Lanka.

P Balendran, vice-president, GM India said that, “The benchmark pricing of the mini car is Rs 4 lakh but the final pricing and the volume of units produced will depend on the market condition. The demand of Spark cars was extremely well for the last three months. Now, the Talegaon plant works in single shift which will be made into two shifts within three months to increase the production”.

GM India has reported the highest monthly sales in the domestic market a 48.51 per cent jump in its sales at 7,654 units in September. Chevrolet Spark has registered a sale of 4,706 units, a two-fold jump recording the highest ever since its introduction. The September sales also comprised 1,329 units of multi-utility vehicle Chevrolet Tavera, 753 units of hatchback Aveo U-Va, 424 units of the sedan Chevrolet Aveo, 319 units of the luxury sedan Chevrolet Optra and 123 units of Chevrolet Captiva.

Balendran said that 20 per cent of the new car produced will be exported to the Asia-Pacific region. The confirm no. is not there as it will depend on the market demand as per him.

Moreover, the new minicar’s petrol variant will be launched first and than the diesel version. GM India is targeting at 50,000 sales in 2010 and the amount of cars will be produced at the Talegaon plant, which has a production capacity of 1,40,000 units annually.

Moreover, the company is also planning to expand its dealership network as well to achieve the target.

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)

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Posted by Naresh Koshti on 28 October, 2009 11:12:11 AM IST #