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GM India sees vehicle sales rising 43% in 2010

GM India sees vehicle sales rising 43% in 2010
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First Published: Mon, Jan 04 2010. 03 36 PM IST
Updated: Mon, Jan 04 2010. 03 36 PM IST
New Delhi: General Motors expects to sell 100,000 vehicles in 2010 in India, up 43% from 70,000 sold in 2009, its India head said on Monday.
The company expects to sell 5,000 units per month of the newly launched Chevrolet Beat, Karl Slym, president and managing director of General Motors India, said.
“The Beat can be a real game changer in the Indian mini-car segment,” Slym told reporters after launching the compact hatchback.
The car will sell in India with price tag starting from Rs3,34,000 ($7,111).
In December, the US automaker had said it would form a joint venture with China’s SAIC Motor Corp in India in the first quarter of 2010 to make and sell small cars, mini commercial vehicles and other products.
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First Published: Mon, Jan 04 2010. 03 36 PM IST