| Tuesday, January 09, 2007 |
| Chevrolet Spark in India by April |
Come April, and GM will have another addition to its colourful range of beauties. The auto giant is likely to roll out its mini-car Chevrolet Spark by that time.
The Chevrolet Spark is expected to help GM to cement its place in the India auto mart with a share of at least 10 per cent by year 2010, say industry experts.
Spark will be rolled out of GM's Halol plant in Gujarat initially. The company also has plans to make the vehicles at its new plant coming up at Talegaon near Pune in Maharashtra at a later stage. GM has pumped in an investment of about Rs 1,300 crore a Talegaon.
The Talegaon plant is expected to go on stream by August 2008 and was expected to have a capacity of 140,000 units a year. The capacity expansion at the Halol plant started last year, is expected to be completed by March. GM is pushing up its capacity to 85,000 units a year from the current 65,000 units.
GM also has said that it would roll out its premium sports utility vehicle, Captiva, and a diesel version of its premium sedan Optra this year itself. Talking of year 2007, the company plans to expand its presence to 96 towns from 79 during the year and also has lined up measures to add t its number of showrooms to 214. The automaker has 95 showrooms currently.Labels: Cars, chevrolet |
| posted by a correspondent @ 10:41 PM |
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