Audi mocks Chevrolet Volt!
Johan de Nysschen, president of Audi of America has been quoted as saying this about the upcoming hybrid car from GM, Chevrolet Volt:
“No one is going to pay a $15,000 premium for a car that competes with a Corolla. So there are not enough idiots who will buy it.”
Industry sources claim that [...]
Chevrolet Beat based small car to arrive in India next year
General Motors has hinted that their upcoming small car for the Indian market could be launched by January 2010.
This model is said to be based on the Chevrolet Beta concept car.
The company would also export this model to other markets from the Indian [...]
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 [...]
GM working on a sedan version of Chevrolet Spark!
Market sources point out that GM might be developing a sedan version of their small car Chevrolet Spark.
This model is likely to be developed for the Brazil market though it could be launched in India at a later stage.
Chevrolet Spark is probably the smallest model [...]
GM aims to launch a plug-in Buick by 2011
American automaker General Motors has announced that they are working on a plug-in edition of Buick that could arrive in the market by 2011.
This new model could become the first commercially available plug-in hybrid sport-utility vehicle by a major automaker in the US market.
GM is [...]
General Motors acquires Indian subsidiary
GM has announced that they are acquiring their subsidiary based in the Indian market.
The company added that India is one of the most important markets for them.
GM is looking at India for improving their growth in the international markets.
GM India is scheduled to launch two new models in [...]
GM India to expand used-car business
GM India has announced that they are now planning to expand their used-car business in the market.
They are now planning to expand the number of their outlets of pre-owned cars, Chevrolet-OK, to 50 by year-end.
GM currently has only 11 such outlets in India.
They are also going to open [...]
Chevrolet Malibu Hybrid discontinued
Wall Street Journal has reported that GM is not going to manufacture the 2010 edition of Chevrolet Malibu Hybrid due to poor response to this model.
GM has been focusing on expanding their hybrid car range but they have decided to scrap the next update to this model as the current model is [...]
General Motors aiming at Rs. 2 lakh car for India
Tata Motors has already launched their Nano small car. The car was aimed to be priced at Rs. 1 lakh for the basic model and the company managed that target for the initial batch.
Now, GM is planning to build a small car for the [...]
GM files for Chapter 11. GM India not affected.
GM India has clarified that they are not affected by the announcement that GM has filed for Chapter 11 in the USA.
The Indian subsidiary said that they are going to perform as per their own plans as they are not included in the bankruptcy protection.
Nick [...]
