• search

GM to roll out CNG-fuelled 'Optra' in ten days

Written by: Staff

Chennai, Jul 6: Auto giant General Motors (GM) will roll-out CNG-fuelled 'Optra' in the Indian market in ten days, GM India Vice President P Balendran said today.

The CNG version would be initially launched in New Delhi, Mumbai and Gujarat, he said at the launch of 'Chevrolet SRV,' a premium sportsback.

Eyeing the potential of compact car market in the country, he said the GM would come out with a ''mini'' car 'Aveo New,' comparable to Maruti Swift and Hyundai Getz, by March 2007. The 'Aveo New' would be initially manufactured at the company's facility at Halol in Gujarat.

Mr Balendran said the diesel version of Optra would also be brought out by the end of this year.

Stating that the GM was aiming at capturing ten per cent of market share by 2010, he said as part of the strategy, the company was planning to increase its capacity from 60,000 to 85,000 units by the end of March 2007.

He also said the company, which had a manufacturing facility in Gujarat, was looking at the possibility of setting up a new plant in some other state.


For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more