GM to launch 'Aveo-UVA' with smaller engine capacity
General Motors India on Thursday said it would launch its hatchback model 'Aveo-UVA' by November/December with scaled-down engine capacity to get the benefit of excise duty cut announced in this year's budget.
"We expect to launch a 1.2 litre petrol engine driven Aveo-UVS by November-December this year," GM (India) Vice President (Corporate Affairs) P Balendran told reporters here on the sidelines of ACMA annual conference.
"This model would get us the benefit of excise duty cut announced by Finance Minister P Chidambaram," he said, adding that the company was looking at launching two variants of the model one which may be in petrol or diesel engine.
He also said that the company's small car 'Chevy Spark' is expected to be launched by April next year and will be rolled out from its facility in Halol in Gujarat.
Balendran said the company's new plant at Talegaon in Maharashtra is expected to start production by October 2008 and will produce the small car with an initial capacity of 1,40,000 units.
"We expect to launch a 1.2 litre petrol engine driven Aveo-UVS by November-December this year," GM (India) Vice President (Corporate Affairs) P Balendran told reporters here on the sidelines of ACMA annual conference.
"This model would get us the benefit of excise duty cut announced by Finance Minister P Chidambaram," he said, adding that the company was looking at launching two variants of the model one which may be in petrol or diesel engine.
He also said that the company's small car 'Chevy Spark' is expected to be launched by April next year and will be rolled out from its facility in Halol in Gujarat.
Balendran said the company's new plant at Talegaon in Maharashtra is expected to start production by October 2008 and will produce the small car with an initial capacity of 1,40,000 units.
posted by Rishie at 11:22 PM
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