General Motors (US auto maker) said it would either introduce or display electric car in the Indian market in 2011 but disprove contend with the Tata Nano on price feature. General Motors India publicized on Saturday to display case an “electric car” next year, with the aim to capture the huge chance in Indian market. The car could be based on the Electric Networked Vehicle (EN-V) concept electric car. Karl Slym, the General Motors President and Managing Director, announced the launch in India, to toughen its base over here.
The announcement chased the increasing advertisement of Chevrolet in India that recently completed seven years in the country. Also GM India is making a speedy network growth on the lines of Chevrolet.
Karl Slym said, “It would be an environment-friendly small car, and would be showcased to get experts and market opinion. It would be a battery-operated, not solar power generated,” on the sideline of the press conference.
General Motors India, a wholly-owned ancillary of General Motors Company, USA, has finished over 12 years of operation in India. GM India started its voyage in 1996 and now bid products under the Chevrolet brand, which was introduced in India in 2003. GM India manufactures the Chevrolet SR-V, Chevrolet Cruze, Chevrolet Tavera, Chevrolet Aveo, Chevrolet Captiva, Chevrolet Aveo U-VA, Chevrolet Spark and Chevrolet Optra for sale in India and operates state-of-the-art manufacturing facilities in Halol, Gujarat and in Talegaon, Maharashtra.
The first flexi-engine plant for GM internationally would be the electric car. Karl Slym added that, “It would soon be commissioning the power train facility in Talegaon, making the first flexi-engine plant for GM globally wherein both petrol and diesel engines are going to be manufactured together.”
In India, there is good news for Chevy fans. To challenge the Hyundai Santro, Estilo and Maruti Wagon R, GM India will roll out a small car within the next two years. To develop the small car GM will join hands with China’s Shanghai Automotive Industry Corporation (SAIC).
On the occasion, Vice-President (Sales-marketing-after sales) Sumit Sawhney said, “GM has invested over USD 1 billion (Rs 4,500 crore) in India till date, and is deeply committed to this market.” Sawhney added that GM India grew 79 per cent against the 36 per cent industry growth in last six months. The introduction on mini electric car could be within a couple of years which suit the congested traffic conditions of Indian cities.
Vijay Kalra said “Despite production of 2, 40,000 cars every year, the company is finding it difficult to meet demand.”
Slym said that GM India does not want to increase the price of its cars but if goods prices increase, then it would exert pressure on the company.
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