GM China to enter Indian market, says president

Carmen Lee From Gasgoo.com

Gasgoo.com (Shanghai May 5) - President and Managing Director of the General Motors China Group Kevin E. Wale revealed his attention to sell in the Indian automobile market, the Beijing Times reported today. Mr. Wale said that the joint venture would use so-called 'low-priced vehicles' to enter the market, although any specific details will have to come through GM's Indian joint ventures. The New Sail and recently released Shanghai GM Wuling Baojun are speculated to be among the models to go across the Himalayas.

General Motors India, established at the end of 2009, currently has factories in both Halol, Gujarat and Talegaon, Maharastra with a combined production capability of 225,000 vehicles and 160,000 engines. GM India reportedly will release three commercial and two passenger vehicles (reportedly including the Chevrolet Spark, in reality a rebadged Daewoo Matiz, pictured) in the country next year.

Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service: buyer-support@gasgoo.com Seller Service: seller-support@gasgoo.com

All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com