SMS loan to 57575656
Car Loan News
GM to launch SUV Captiva
Wednesday,24th October 2007
| General Motors, the world's biggest automaker, plans to set up its first engine factory in India and introduce new models including SUV Chevrolet Captiva to boost sales. The automaker plans to unveil the Chevrolet Captiva sport-utility vehicle during the Auto Expo in January 2008 for sale in the country. General Motors India is confident that it would meet its target of capturing 10% market share in the passenger car market by 2010. The company is also planning to set up its first engine factory in the country which will help the company reduce import costs and compete with Suzuki Motor Corp. The proposed engine plant in India will be used for domestic and export markets. GM is also thinking about introducing alternative fuel on its current models. After launching a CNG variant of its mid-sized sedan Optra, it is not looking to offer CNG option in the premium hatchback Chevrolet UV-A. The company hopes to sell about 60,000 units this year, a substantial jump from 35,000 units sold last year. |
Back To News ListSmart Apply
| Indian NRI |
| STD Phone No Ext |
|
|
| Date of Birth |
| I have read the Privacy Policy and agree to the terms therein. |
 |
