Continuing the small car race, the General Motors also wants to participate in the race. However, it has no plans to compete with Tata’s ultra-cheap car, the Nano, but definitely desires to roll out a small cars with improved engine technology and stylish features.
The company also states that the car will be designed keeping in mind all the emerging car markets. The designed inputs will be taken from India and the engines are being produced at the Bangalore facility.
The General Motors also has plans to double its share in the most promising Indian market. The company will make an investment of about $200 million to set up a powertrain facility at Talegaon, Maharashtra, which will produce both petrol and diesel engines.
The efforts of expansion are made to capture more opportunities in the increasingly competitive Indian car market.
Labels: General-Motors, Indian-car-market, Small-Car
5 Comments:
How is it possible that General Motors rolls out a small car and it does not compete with Tata's upcoming car Nano? Whether the company desires to compete or not, it’s obvious that two or more number of cars falling in the same car segment and within the same price category will compete with each other in the consumer driven Indian car market.
Capturing it the "small" way. Taking the cue, from other auto giants, now General Motors also competes in the small car segment. India is now the haunt of automobile activities, and keeping this in mind many are moving in here. With the plan of competing, capturing and expanding their domain, General Motors is here.
Small cars are very popular in india and it is nice to know that car makers introducing more small cars.can any one give me the specification and details about the small car that GM is going to roll out?
GM invests to foray indian the market, throwing an open threat to other major players in the field. It is nice too know that small car population is catching a good pace in Indian market.
Will the small car race continue with more and more participants joining the race? Is there no end to this race? If not, then soon the Indian market will be over congested with small cars.
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