GM to launch six new models in next two years
Saturday 12 March 2011
Auto major General Motors (GM) India is going to launch 14 variants of six new models in India in the next 2 years. “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 , ” said Karl Slym , President & Managing Director , General Motors India.According to Slym , GM is going to showcase a mini Chevrolet electric car in April this year. The car has been developed at the company's Bangalore plant. According to Slym , GM was eyeing at selling two lakh and three lakh cars in 2012 and 2013 , respectively , in India. The capacity of the Halol manufacturing plant of GM is also being expanded to 1.1 lakh units from the current production of 85 , 000 units. The company will invest $500 million for the purpose.
source : http://www.gaadi.com/blog/
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