Saturday, April 24, 2010

GM India eying 100% growth in sales

Chevrolet-BeatWith products like Chevrolet Spark and Beat already filing record numbers month after month in the domestic market, the company believes that it will be able to achieve almost a 100% growth in 2010.

However, a large part of this ambitious target also comprise of the additional commercial vehicles that the company plans to begin making with its joint-venture partner, China's SAIC.
According to Tim Lee, President of GM's international operations the company is doing an impeccable job with its passenger cars in the domestic market.
Lee further highlighted the fact that the company is going to double its volume this year. It has been learned that the company is eying a target of more than 130,000 cars from near 70,000 that the company sold in the last year.
After the company launched a companion to its best-selling Spark in the entry level segment in the form of Beat, the unit sales registered by the company have more than doubled in the past few months. In fact, the Beat recorded a whopping 10,000 units in the first month of its launch.

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