New Chevrolet Beat (diesel) will be launched in India on July 25th
The new diesel Chevrolet Beat the prices of which will be announced at the launch will revolutionise the small car segment, with its engine capacity and fuel economy.
The company, which sold about 1.1 lakh cars last year in India, was doubling its growth rate in India as compared to industry average and expected to sell about 1.4 lakh vehicles in all variants this year,up by more than 30 per cent, Managing Director General Motors India Karl Slym added.
Karl Slym said that, here to launch a new dealership along with two attached workshops, the outlet was 250th in India.
In India demand of this car is on boom, the company would increase sales and service network to 300 locations by the end of this year.
Karl Slym said that the company has so far invested USD 1.5 billion in India. Another USD 250 million each would be pumped in both the manufacturing plants in another one and half years.
With 2,500 engineers in its Bangalore foundation for design and development, General Motors was meeting 90 per cent of its global requirements from India and hardly exported 2 per cent from India to Sri Lanka, Bangladesh, Nepal and Bhutan, Karl Slym said and ruled out setting up any manufacturing plant in South India.
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