Monday, January 31, 2011

GM to triple production by 2013 (IN)

2005 GM Sequel concept
GM India is looking to triple production by 2013. Chevrolet�s aim of 300,000 sales follows as India�s economy and demand for cars remain very strong. 2010 saw sales rise 59%, to 110,804 units.

In order to increase sales, Chevrolet will introduce six new vehicles within the next two years, including a diesel engined Spark city-car and two new commercial vehicles, according to CEO Karl Slym.

Some Chevy models in the Chinese line-up have also been introduced into the Indian car market, with profit shares predicted to rise by 5%.

The launch on the commercial vehicle sector should be productive. According to Slym: "In India, 40% of the overall sales of the market are in commercial vehicles, and we don�t sell in that market. That is a big, huge growth area.�

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