GM Chevrolet reaches a new mile stone

The US car maker General Motors is too pleased to see the new landmark in its Indian operations, as its Chevrolet brand cars reached the 3 lakh mark. The company attained this mark in all these 7 years of operations, amidst the fall and rise of the market. There are 8 models under Chevrolet brand- Spark and Beat hatchbacks, Aveo [images] and Cruze [images] sedans, Tavera [images] muv and Captiva [images] suv. The earlier models to Chevrolet were Corsa, Swing, Vectra and Astra all coming under Opel brand and now they are all extinct. The VP of GM India expressed his pleasure on this occasion mentioning the consistent growth track of Chevrolet brands in India. The highest sale of its Chevrolet was in March 2010 with a volume of 11330 units, a 200% rise from the one seen in the corresponding period of previous year.

The feat was set by the Beat [images] and Spark [images]. GM has been in India since 1994 came under a JV with HM on 50:50 share and in 1999 it became the whole subsidiary for the US apex. Last December it made a JV with the Chinese Shanghai Automotive Industries Corpn on 50:50 share. Based on this SAIC platform GM is sharpening its tools to reach the millions of dollars mission from its Halol plant in India for its LCVs. Two years ago, GM set up an engine plant at Talegaon at an initial investment of $200 million, an additional investment to the $300 million for the car manufacturing facility in the same plant. The Talegaon facility has the capacity of 1.4 lakh annual units.

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