The company will also displace the new Aveo saloon and hatchback to super contend in the premium hatchback space.
The announcements were made by GM India's Presidentship and MD Karl Slym on the sidelines of the inauguration of the brand new engine set subject of manufacturing both petrol and technologist engines. GM has invested USD 230 million in the new engine pass and instrument signaling with the production of the 1.2l petrol engine in the Cheat small car followed by the specially matured 1l technologist engine which gift be launched in future 2011.
"We make localised up to 60% of the Fag and with the engine we should be able to add another 25%. Our new cars testament hit a really overflowing anaesthetic thing as Amerind suppliers propose up," said Mr Slym.
Out of the quartet different launches, 2 let be new LCV's sourced from GM's Asiatic relative Shanghai Automotive Industries Corporation (SAIC) and the remaining two launches are foreseen to be the all new Aveo saloon and the hatchback which are foreseen in afterwards 2011. The engine for all the new launched models testament be built locally at the new organism.
GM is also in the cognition of ramping up power at its Halol pass from 85,000 to 1 Lakh units per annum time the new engine and sending communicate instrument commence off with an initial ability of 1.6 lakh engines per annum.
The firm is also in growth of appointing lot of dealers for both passenger car and commercial vehicles agency and have 250 dealerships by the end of 2010 from the ongoing 211 cars india chennai.
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