Though General Motors is badly hit by the recession in its native, it is optimistic for the Indian market. The company foresee a great potential for its product in the Indian market especially for its small cars.
The reason that makes the company feels this is none other than its small car sales volume in the country when its car sales dropped drastically in its home ground. It slipped from the position of top car manufacturer now taken by Toyota Motors which also depicts its worsen condition in U.S.
GM’s Chevrolet brand has experienced a good success in the Indian market which includes a portfolio of cars like the Aveo, Aveo U-VA, Captiva, Optra Magna, Optra SRV, Spark, and the Tavera. Just like Maruti Suzuki and Hyundai Motors Chevrolet is also gradually taking its safe position in the Indian market.
Its flagship models the Spark and the Aveo U-VA recently bagged top position in ‘Quality Car’ list ranked by J.D. Power Asia in their respective segments. Seeing the brand’s awe-inspiring success, General Motors forecast India to become one of the top five Chevrolet markets globally in next five years.
