General Motors is planning to introduce six new models in the Indian market in next two years. The company is already experiencing a joy ride with success of its models like Chevrolet Spark, Chevy Beat and Cruze sedan.
"We are quite optimistic about the Indian auto sector and as a major player we are present in almost all the segments from mini cars to SUV. However, we feel we need to extend our products in the utility segment and we are planning to launch one product in the next 18-months," said GM India's Vice-President (Sales and Marketing), Sumit Sawhney.
General Motors has already announced its plans to enter the LCV market with Chinese auto maker SAIC. Both the companies will jointly develop LCVs for the Indian market that will be assembled in India and will not be a Chinese product. It will first introduce a small utility vehicle which will compete with Maruti Eeco and Tata Acer/Winger.
The new car models will also include an electric car model which will be introduced next year. “We are exploring all opportunities to enter into all the segments that would make us a market leader in the country. We will be showcasing GM's first electric car Volt early next year,” Sawhney said. Chevrolet Volt is slated for a global launch in December this year when it will be first introduced in the US market and then in rest of the world.
General Motors already has its strong presence in small car segment with Spark and Beat. It also has other successful models like Aveo U-VA, Aveo sedan, Cruze sedan, Optra, and SUV Captiva in the Indian market.
