GM small car to take on Tata Nano in India

General Motors India, the Indian wing of world's second largest car maker GM, has initiated the process of research and development (R&D) to mark its debut in the small car segment of the country. The company will work in tandem with its Chinese partner SAIC to come-out with the best way to produce a low-cost fuel-efficient car in the Indian market. It is expected that a major chunk of manufacturing input would be localized to reduce costs.  The car would compete head on with Tata Nano, the current ruler in the low-cost car segment.

It is also speculated that after analyzing the response of the Indian buyers towards this small car , the company may plan to export this car to international markets mainly Europe and South Africa.

General Motors India, recently registered an impressive growth of 112% in the sales figure of June 2010. The number of units sold in June were 9,539 as against 4,492 units sold in June 2009. This impressive sales figure was backed by the sale of 3,415 units of Chevrolet Beat, 2,911 units of the Chevrolet Spark, 773 units of the Chevrolet Cruze, 1,423 units of the Chevrolet Tavera, 398 Units of Chevrolet Aveo, 387 units of Chevrolet Aveo U-VA, 139 units of the Chevrolet Captiva and 93 units of Chevrolet Optra.

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