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30Jan/110

Chevrolet aims to triple yearly sales in India

Chevrolet India aims to almost triple annual sales to 300,000 vehicles by 2013 as India’s monetary progress and rising incomes boost demand. GM tactics to launch as many as six models, with two commercial vehicles, in India in the next two years, Karl Slym, leader of the Detroit-based company’s local unit, said at a press discussion in New Delhi recently.


A diesel-powered form of the Beat small vehicle will go on sale in a “few weeks,” he said. The automaker and its Shanghai-based partner SAIC Motor Corporation will begin advertising models in India this year similar to those already sold in China. GM entered the South Asian nation in 1994, tactics to boost its 5 percent market share with the new variety and challenge Maruti Suzuki India Ltd., the country’s major cars maker. In India, 40 % of the overall sales of the market are in commercial vehicles, and we don’t sell in that market. That is a big, huge progress area.” India’s domestic car sales rose 29 percent from a year earlier to 148,681 vehicles in December, the group of Indian Automobile Manufacturers said this month. Total passenger-car shipments jumped 31 percent to 1.87 million very last year, according to the group. GM’s sales in India increase to 59 % in 2010 to 110,804, according to the company’s website.

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