It is good news for the car enthusiasts that after its successful venture into the small and mid-size car segment, General Motors is planning to foray into luxury car segment with iconic Cadillac. Other luxury brands, such as Mercedes, BMW and Audi have already made it big in the Indian luxury car segment. There is no reason for GM to lag behind them.
The company plans to launch Cadillac in the middle of 2008. It could be priced at about Rs 40 lakh. The local manufacturing will begin only after the car receives a good response. But for now, the company will import completely built unit (CBU) from South Africa and England, the car comes with right hand driving in these countries.
GM is likely to display Cadillac CTS model at the Delhi Auto Expo 2008. Cadillac’s entry will intensify the competition in already competitive luxury car market.
Labels: Auto-Expo, Cadillac, General Motors, Imported cars, luxury cars
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