General Motors launches Chevrolet captiva in India
New Delhi, Jan 24: Indian unit of General Motors Corporation (GM Corp), which has two assembly plants in the country, launched a four-wheel drive, automatic transmission Chevrolet Captiva in New Delhi.
According to Karl Slym, the President and Managing Director of GM Corp, the new version brings superlative comfort and ease of driving, combined with unbeatable value; safety, security and luxury to the customers.
He
said
that
despite
the
global
recession,
the
company
registered
a
growth
of
9.5
percent
in
sales
during
the
year
2008
by
clocking
sales
of
65,702
units,
which
could
be
attributed
to
the
growing
popularity.
"We
saw
a
10
percent
growth
in
volume
last
year
and
saw
a
growth
in
market
share
of
close
to
half
a
percent.
So
that
was
important
for
us
so
we
can
see
that
the
industry
saw
a
negative
growth
of
minus
two
percent.
We
saw
a
positive
obviously
which
created
of
our
market
share,"
he
added.
He also disclosed that GM has plans to launch new alternative fuel models like Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG) in India, as fuel economy is the most urgent requirement today in this country.
"As you all know in the market place certain customers are looking for CNG so there is a country where CNG is suitable and certain products we have are more suitable for other CNG and LPG. So we''ll be taking advantage of what makes sense in India and what makes sense for our consumers for various vehicles," he said.
The
front
wheel
drive
version
of
the
Chevrolet
Captiva
was
introduced
in
India
in
January
2008.
GM
has
sold
2.385
units
last
year,
making
it
one
of
the
country''s
most
popular
SUV's
in
India
as
of
today.
In Delhi, the ex-showroom price tags are 1,862,685 rupees for Chevrolet Captiva LT and 2,030,495 rupees for of Chevrolet Captiva LTZ.
ANI