“With fluctuation in fuel prices in India from time to time, the new diesel Beat, the prices of which will be announced at the launch will revolutionise the small car segment, with its engine capacity and fuel economy,” Karl Slym President & MD, General Motors India, brief media about their plan.
General Motors sold about 1.1 lakh cars last year in India and aiming for a 30% increase in sale this year. Currently the company is having 250 outlets in India and by the end of this year they are expected to have 300 outlets and able to cover many rural areas of India.
“We have so far invested USD 1.5 billion in India. Another USD 250 million each would be pumped in both the manufacturing plants in another one and a half years.” Karl Slym said.