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Friday, June 26, 2009

Future plans of General Motors India

It is to be noted that General Motors India are planning big eventhough their parent group are going through bankrupt in the US. Very recently they have launched the LPG version of the Chevrolet Spark in India and now they are all set to launch the luxury sedan Chevrolet Cruze in September and a mini car by the end of this year.

General Motors India have already invested $300 million in a manufacturing plant in the same locality that produces 1.4 lakh units a year. The company has another facility at Halol in Gujarat that has a production capacity of 85,000 units a year. They have also announced an investment of $200 million for constructing an engine transmission plant of 200,000 units per annum capacity at Talegaon.

Though General Motors India are claiming that they are unaffected despite its parent filing for bankruptcy protection, it is clear that they are severely facing difficulties in raising funds for completing its engine manufacturing plant at Talegaon in Maharashtra.

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Tags :- Chevrolet, General Motors, General Motors India, Future plans of General Motors India, Upcoming models from General Motors India, Chevrolet Spark LPG version, Chevrolet Cruze, Upcoming models in India, Upcoming models in this year.

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