India is going to add more cars for its domestic market.
With Shanghai Automotive Industry Corporation Group (SAIC) joining hands with General Motors, the players in the Indian small car market are getting another competitor. This is the second time that a Chinese auto maker is venturing to Indian car market after the Zotye Autos, which brought in the Rio in collaboration with India’s Premier Auto.
The company formed out of this joint partnership has been named as General Motors SAIC Investment Limited (GMSIL) which is based in Hong Kong.
SAIC and General Motors are exploring the viable options for them in the Indian car market and they feel that launching an entry-level low-cost car will help them get a foot hold of the Indian car market. Moreover, they will roll out a compact car in India too. The compact car will be placed below the Chevrolet Spark and will cost around Rs 2 Lakh.
However, it has been revealed that GMSIL has no immediate plans for its entry-level low cost car for the Indian market. When it will be launched, it will surely be rolled out from General Motors India’s Talegaon unit and would be exported to other emerging markets also.
The formation of this joint venture will help GM India take SAIC’s expertise in manufacturing cost-effective small cars and vans in China and use it to develop suitable products for the domestic market here in India.
The first offering from this partnership will be a passenger mini van in India. Later, GMSIL will also look at introducing other SAIC products including Sports Utility Vehicles (SUVs).
Carazoo.com would like to mention that SAIC’s product line-up in China ranges from low-cost small cars and multipurpose vehicles to expensive sedans. SAIC sells the Roewe brand of cars and a premium-end sports coupe under the MG brand. Under its partnership with GM, it manufactures and sells GM’s Buick, Chevrolet, Cadillac and Saab brands.
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These kind of conversations go on all the time. An automaker will consider variations on the theme of a particular model, and the rabid media will occasionally pick up a snippet of that chatter and blow it way out of proportion. We can’t say whether rumors of a two-door M coupe are reality or just spitballing, though many would argue that such a model is a necessity for success. A two-door M could be offered in both V6 M37 form, and with a V8 as the M56. InsideLine has a rendering that shows a pretty spiffy premium coupe with a unique roof pillar treatment. It’s a nice rendering, but we can posit that the production version won’t be wearing a piece of C-pillar finery to make a ’61 Valiant jealous.
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