Chevrolet News in India

23 days ago
May 01, 2012

GM India sales decline 20.34 percent in April 2012

General Motors India, Indian subsidiary of the American automobile manufacturer General Motors (GM) has reported a fall of 20.34 percent in its sales in the month of April 2012 selling 8,005 units in comparison to 10,050 units sold in April 2011. Mr. P Balendran Vice President GM India has attributed the decline in sales to the uncertain market...
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37 days ago
Apr 17, 2012

Indian automaker hoping for interest rate cut

Automobile manufacturers in India are expecting banks to reduce interest rates on car loans to help them recover from losses incurred from sluggish sales in the 2011-12 fiscal. The Indian automobile industry witnessed slow growth in the fiscal due to high interest rates which dampened the purchasing sentiments of customers. After the reduction...
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52 days ago
Apr 02, 2012

GM India records 12.75 percent growth in March 2012 sales

General Motors India, the Indian subsidiary of the American automobile major General Motors (GM) has witnessed a 12.75 percent increase in its March auto sales with 10,588 units in comparison to 9,391 units sold in March 2011. Mr. P Balendran GM India Vice President attributed the increase in sales to the increase in demand for the company’s...
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61 days ago
Mar 24, 2012

General Motors India call for lower interest rates

Amid sluggish sales throughout the year 2011 continuing into 2012 and fears of the impact of hike in excise duty and service tax in the Budget 2012-13, the Indian automobile industry has set its hopes on the lowering of interest rates. General Motors India has opined that the automobile industry may not witness growth until the interest rates are...
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64 days ago
Mar 21, 2012

GM India launches Chevrolet Tavera Neo 3

General Motors India has introduced its new variant of the multi utility vehicle (MUV) Chevrolet Tavera Neo 3 compliant with Bharat Stage IV emission norms. The new variant has been priced between Rs 7,51,000 and Rs 10,34,000 (Ex-showroom Delhi). With the launch of a BS IV compliant variant, the car can now be sold in 13 more cities where these...
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71 days ago
Mar 14, 2012

General Motors’ diesel engine facility in India to supply globally

American car manufacturer General Motors is planning to develop diesel engines for various car models to be launched in India. The company will use its diesel engine capability to supply diesel engines to its global markets such as North and South Africa. The diesel engine technology was developed by the company for its hatchback Beat diesel...
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74 days ago
Mar 11, 2012

GM India to launch the Sail hatchback and sedan IN 2012

General Motors India, the Indian subsidiary of the American automaker General Motors is planning to enter the entry-level sedan and hatchback segments in India. The company plans to launch the premium hatchback Sail in the month of June-July 2012 and the Sail sedan by the end of 2012. The Sail hatchback and sedan are likely to compete with the...
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87 days ago
Feb 27, 2012

GM India warns about the effects of additional tax on diesel cars

General Motors India has voiced its opinion about the proposed additional tax on diesel powered passenger cars. Mr. Lowell C. Paddock President and Managing Director General Motors India stated that such a move would not only adversely affect the growth of the Indian automobile industry but would also have an impact on the manufacturing industries...
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116 days ago
Jan 29, 2012

General Motors India to expand its SUV portfolio

The American automobile manufacturer General Motors’ Indian subsidiary General Motors India is planning to expand its portfolio of SUVs in India by adding compact and fuel efficient car models to the category. The Indian consumers, according to Mr. Lowell Paddock, President and Managing Director, General Motors India demand and desire an efficient...
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118 days ago
Jan 27, 2012

General Motors against import duty reduction on EU auto imports

After the opposition from the Japanese automakers’ camp on the reduction of import duty on cars imported by the European carmakers and similar concerns voiced by South Korean companies, American automobile manufacturer General Motors has joined the cause of the non-European car manufacturers that have significant business interest in the Indian...
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