GM India Sets New Record

By By: Vicky.in

General Motors India has some cheers to share and cherish in its Indian car market presence- reaching the 100000 mark- in this calendar year. General Motors is proud to set this mark much ahead of reaching its yearly target by a month. The growth rate for the period of January - November was 63% against its performance in the same period of 2009(61321units).

The General Motor"s VP attributed this achievement to the brand popularity to Chevrolet Beat and Cruze and launches of cars under 300 series. Other factors that contributed, he added, are easy accessibility for the customers through expanded dealer network, scheme like Chevrolet Cashless Ownership, and creative marketing strategies. Above all, he reiterated, the assurance and firm support to the customers on quality and performance.

Meanwhile, in connection with the car production, General Motors is not expected to effect the stoppage in December. The reason is to reckon the on going demand for its cars, as it has busy orders to be met with and the annual shut down is carried out on rotation basis. As such the facility at Halol is closed in December only thereby revoking the closure in June and reducing the closure to 5 days instead of 8-10 days. Simultaneously the Talegaon unit is under maintenance, said the General motor"s VP.

The reason why the companies are on the run is to show the facility with more production, ready financial assistance and customer enthusiasm in the festival back drop added by new models, said the auto practice leader, PricewaterhouseCoopers. The companies are on the path of getting less margin due to the anticipated rise in the raw materials. To compensate this, companies may go in for domestic components to retain the desired margins.

Article Published On: Tuesday, November 30, 2010, 17:08 [IST]
Read more on: #auto news #automobile #cars
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