To clear the stocks, GM India has announced the extension of discount offer for spark and U-VA till January 08th. GM offers Rs66,000 offer on Spark and Rs35,000 offer on U-VA. “Our target was 85,000 units for the calendar and we ended up selling 20,000 short. We are now keen on clearing the stocks,” said Mr P. Balendran, Vice- President, Corporate Affairs, General Motors India. With the price hike is imminentt this extension of discount offer is attracting many customers. Mr Balendran said that enquiries had been flowing in over the last 10 days, especially with customers aware that a price hike was imminent.
“The response has not been as overwhelming as we thought but it has certainly picked up of late. We hope to liquidate our stocks by the time the offer period ends.”