"Out of the total sales, we feel that Chevrolet Spark would enjoy major share in total car sales for this year as small cars continue to have largest share in passengers cars market in the country," General Motors India Director (Operations) S Garg told reporters in Chandigarh on Friday.
Expecting a 50 per cent growth in terms of sales from the Indian market, the company expects to sell 91,000 units of cars during this calendar year, against 60,032
cars sold last year.
It has projected to sell 40,000 units of Chevrolet Spark during this year against 14,000 sold last year.
With new production capacity being built up at a cost of Rs 1,300 crore (Rs 13 billion), the company expects that it would enable the company to remove its capacity constraints. "The new facility at Talegaon in Maharashtra will have capacity manufacturing of 1.40 lakh cars per annum and we feel production will commence during the last quarter of this year," he said.
Presently, it has another facility at Halol in Gujarat with capacity of 85,000 units per annum.
