Nano’s launch has created a fear among the car manufacturers. The little car has made the competition tougher for the car models in the market. After the launch of ultra-cheap car, General Motors has decided to launch a ‘Mini Car’ by 2009 end.
According to Karl Slym (President & Managing Director, General Motors), “The company has decided to launch a ‘Mini Car’ by end of 2009. The ‘Mini Car’ has nothing to do with the launching of Nano car by Tata, as General Motors India has brought to the Indian market unmatched international standards and customer care in the automobile sector”.
Details on the ‘Mini Car’ like price and specifications are still undercover. Further talking about the Halol plant and Talegaon plant in Maharashtra, Slym added that the plant carries a production capacity of 85,000 units of Chevrolet brand annually.
But due to the global recession, the company was able to sell only 65,702 units in the year 2008. As an expansion plan for its product line in India, General Motors is planning to introduce three new products which include CNG, LPG and 'Mini Car'.