The new SUV Tavera from GM on BS IV will roll down next year it is confirmed. General Motors India’s MD said the process for this launch has been finalized with International Cars and Motors Ltd. The new version will have the BS IV powertrain with an upgrading facility to BS V and the vehicle will be on road probably during next year. He further said the entire product range
from GM will be fit with BS IV before 2011. The product range in GM in India includes sedan Optra, premium sedan Cruze [images], SUV Captiva, midsize sedan Aveo, SUV Tavera, hatchbacks Aveo U-VA, Spark [images], Beat [images]. All these are produced from the company’s plants in Halol and Talegaon. The Talegaon facility is to deliver engines from November 2010 at an initial capacity of 1.4 lak units on a single shift production. This is the first plant to be able to deliver both petrol and diesel engines for small cars of GM.
The net investment of GM in India is Rs5000 crore. Recently the company has accrued Rs1000 crore from the consortium of Indian banks under financial assistance of $250million. The assistance was sought for launching 5 vehicles under the Chinese SAIC platform. There will be 3 LCVs and two cars for launch in India during 2011 he further added that there will be 90% domestic components for these vehicles.
The BS IV Tavera, with a slight price rise, is to have a 2-lit CRDi engine he said. The target for this year from GM is 1lakh meeting the 113% growth from the last year- sale of 69579 units. This comes in the wake of already selling 68000 units in the first 6 months of this year indicating an increase of 80%. The sale in last month was 7124 units which marked a rise of 45% against the last year’s same month.