GM India unlikely to achieve 10% market share by 2010
August 23rd, 2009 Leave a comment Visited 88 times, 1 so far today
GM India unlikely to achieve 10% market share by 2010
General Motors India has admitted that they are unlikely to meet their goal of achieving a 10% market share in India by 2010.
The company said in a statement: “The economic downturn has forced us to go for a change of plans. Instead of 2010 as the timeline for securing 10 per cent share in the Indian car market, we are now re-scheduling the target till 2011.”
GM India has been doing well overall. They are set to launch two brand new cars before the end of the year.
The company is also launching new variants of their existing models which are selling well in India.
Chevrolet Cruze and a small car are going to help them increase their sales in the Indian market.
Automobiles, Automobiles, Cars, Chevrolet, Chevrolet Cruze, Chevrolet India, General Motors, General Motors India, GM, GM India, India
Sukhdeep Verma
Category: Uncategorized
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