Karl Slym, president and managing director of General Motors India Private Limited, said the company would launch Chevrolet Cruze, its new offering in the Chevrolet Spark segment, by third quarter of its financial year ended December 2009. Slym added, "The car will be priced similar to Chevrolet Spark. As far as the minicar is concerned, we are not competing with Tata Motors' Nano, which is a different segment."
The Cruze is built on a new platform and includes a next-generation power train.
US car maker General Motors on Monday launched its luxury sedan Chevrolet Cruze in India at an introductory price ranging from Rs 10.99 lakh (Rs 1.09 million) to Rs 12.45 lakh or Rs 1.24 million (ex-showroom, Delhi).
The new 2012 Chevrolet Cruze is sturdier, smoother, more comfortable and more powerful than its previous version.
The next generation Chevrolet Cruze will be launched in India this year or maybe in early 2018, but as a stop gap measure, Chevrolet has given the Cruze a minor cosmetic facelift and automobile website MotorBeam.com spends some time with this diesel rocket to find out more.
The visually different car now gets a redesigned grille, an all-new front bumper, and more.
Some of facelifts in India will include cars from highly prominent car makers.
The updated version has new automatic transmission and better mileage.
The company wants to exploit the space further as the online medium is the most cost-efficient advertising option compared to print and television.
The electric version of General Motors India's small car Spark will hit the Indian road in the next 12 months, said its vice president P Balendran.
Senior officials of Nissan Motor stated that the company had largely frozen the design and concept of the sedan, which will be positioned as a premium product that would perhaps take on the likes of Chevrolet Cruze, Honda Civic and Toyota Corolla Altis.
The Virtus is indeed designed to look, act and behave like a well-built European sedan that swims in the segment between the compact sedan VW Vento and the larger Passat, says Pavan Lall.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
General Motors aims to grab at least 5 per cent market share in India within the next decade.
Ciaz, the mid-sized sedan, was launched in October 2014.
GM has invested $1 billion in the country since 1996.
Sanand has catapulted into the big league of automobile industry hubs.
Auto manufacturers are busy filling up their portfolio with cars catering to each and every possible segment