General Motor reporting they are planing to launch new 6 vehicle in Indian Market in next 2 year. GM president and MD, Karl Slym, said “we are planing the 6 new model for India, starting with a brand new sports utility vehicle (SUV) to be priced less than the Captiva.” GM soon to launch three new cars and two small trucks, known in India as light commercial vehicles. The company will launch LCVs under the Chevrolet brand name.
“We are 99% sure that the Chevrolet badge will be linked to the commercial vehicles. We have found that Chevrolet is known in the market, so we won’t be looking at another brand,” said Mr Slym.
“We have grown at over twice the pace of the Indian passenger car industry. We will need to increase capacities at the powertrain plant, which we will inaugurate on Friday, and the passenger car manufacturing plant, too,” Mr Slym said.
Out of the four cars it proposes to launch over the next two years, Mr Slym said the first would be a small SUV. “This will be smaller in size and lower priced than our current offering, the Captiva. It will be launched in the first half of next year,” he said.
Mr Slym said the Halol plant is in the process of ramping up capacities to 1 lakh units per annum from the current 85,000. At Talegaon, where GMI has its passenger car and transmission manufacturing units, the engine plant will start off with a 1.6 lakh engines annual capacity. The company has plans to showcase an electric car in India next April.
“We need to have 100 dealerships when the commercial vehicles are launched. Meanwhile, we are expanding our passenger car dealer network, too. By December, we should have 250 dealerships, from the 211 we have now,” he remarked, after inaugurating the company’s fourth dealer in the city, Singh Cycle and Motor Co , off the Pune-Ahmednagar road.
