posted by GM Dog on Oct 1
Two years from now, General Motors India’s combined business project with China’s SAIC will bring a line of three passenger vehicles and two mini-trucks to India which will bear the Chevrolet brand. This is what India’s General Motor executive Karl Slym.
Slym explained that in the next three to four years, the popularity of light commercial vehicles will rise up to 24%, a rate wherein a foreseeable market growth is expected and wherein mini trucks in the sub-one ton and one ton categories, can be priced aggressively.
India manufactures a very small quantity of light trucks. So far, Tata is the only brand who dominates the light truck market by almost 90%. The others, namely Force Motors Trumpas, Bajaj Auto GC Max, Piaggio Ape, and Mahindra & Mahindra Gio, have small shares in the market. Soon, General Motors will join in the light trucks markets of India too.