The Marketing Director of GM India said that the electric version E-Spark will be launched by this December. The car will be the electric version of small Spark with the 4-door which is the first to offer this facility. It is to cost a little higher than the small Spark due to the electric engine cost. However the operating cost will compensate this, he added. Also there will be LCVs by this year end in association with the Chinese company SAIC.
The company has all the options of business including export of engines to China, he asserted. GM’s target for this year is 1 lakh cars in India, based on the growth rate as it has sold 70000 units in 2009 to achieve the growth rate to 50%. “Beat”will be the major contributor to the net sales. GM is highly depending on localization to keep the cost in control and the launch of Aveo will be on phases. He optimistically expressed that the company is on the reach of double digit share in the Indian market.
Catch Chevrolet E-Spark Gallery @ http://www.vicky.in/gallery/autoexpo2010/gm/spark_electric/