- 02:15 PM Nifty hovers around 5100 on positive global cues
- 02:08 PM Reliance Cap gets foreign interest in life unit
- 02:05 PM China Telecom aims to sell BlackBerry by early 201...
- 02:00 PM Macau plans Michael Jackson shrine to house iconic...
- 01:58 PM Sell Cairn India: Indiabulls Securities
- 01:53 PM Hold Corporation Bank: Indiabulls Securities
- 01:49 PM Exit Bajaj Hindusthan on rally: Gujral
- 01:33 PM ICICI Bank a safe bet: VK Sharma
- 01:19 PM Vishal Retail CDR stands at Rs 730 crore
- 01:05 PM Sensex holds gain; Oil&Gas, metal, FMCG, pharma up



General Motors is on an India overdrive. A mini car, a small car and an SUV - General Motors hopes to roll these out by next year. The ailing carmaker has pinned its hopes on using India as an export hub, reports CNBC-TV18.
General Motors is losing out on its home turf but it is trying to make up for that by capturing more of the emerging Asian markets. CNBC-TV18 learns that General Motors will make India an export hub for small cars and proof of that is the launch of its small car Aveo UVA in Novemeber.
CNBC-TV18 also understands General Motors' small car will have two version, a 1.2 litre and a 1.4 litre. The Aveo UVA was supposed to be the first launch of the year for General Motors before the Chevy Aveo and SRV but General Motors postponed its launch to bring in the smaller engine to avail of the excise benefits. The Aveo UVA 1.4 litre will compete with the Suzuki Swift and Hyundai Getz.
And General Motors' pipeline is hot. It will bring in the Chevy Spark in April 2007. The Chevy Spark will be manufactured in General Motors' Halol plant. The company is looking at upping capacity by bringing a second plant online.
It will up its existing production capacity from 60,000 units to 85,000 units. The second plant in Talegoan will be used as General Motors' export hub and will have an initial capacity of 1,40,000 units, extendable upto 3,00,000 units.
And for SUV lovers, there is good news. General Motors will launch the 2 litre CRDI high-end SUV, Captiva in 2007. General Motors hopes the new launches will keep it in top gear.
|
|
Business
Business News | Economy | Earnings | BSE NSE Notices
General News
Current Affairs | Politics | World News | Sports | Entertainment
Corporate Strategy
Management | Advertising | Marketing | Legal
Personal Finance
Tax | Insurance | Credit Cards | Loans | Property | Retirement | Investment Help | Financial Planning | Fixed Income
Markets
Local Market | Global Market | Market Cues | Analysis | Expert & FII outlook | Brokerage Recomendation
Stocks
Stocks in News | Expert Advice | ADRs & GDRs | IPO
Mutual Funds
News | Advice | MF Analysis | Fund Managers Views
Lifestyle
Travel | Wellness | Technology | Auto| Books
-
Most Read
-
Most Viewed
- 10 Companies that FIIs love
- Corrections in '10 to be more aggressive, violent: JPMorgan

- 10 companies that MF managers love
- Shilpa Shetty marries Raj Kundra
- Ignore Buffett, gold`s time has come
- LyondellBasell development positive for RIL: PN Vijay

- Ganeshaspeaks: Market prediction for Nov 23
- 5 stks that were buzzing last week & how to trade them now
- Nifty hovers around 5100 on positive global cues
Source: Moneycontrol.com
- Sell Cairn India: Indiabulls Securities
Source: Moneycontrol.com
- Hold Corporation Bank: Indiabulls Securities
Source: Moneycontrol.com
- Exit Bajaj Hindusthan on rally: Gujral
Source: CNBC-TV18
- KSIDC in pact with FACT for trade centre
Source: Business Line
- GIC Re may have to pay Rs100cr for IOC's Jaipur fire claims
Source: Business Line
- Co-operative dairies seek restraint on oil-meal exports
Source: Business Line
- IT cos voice concern over proposed US law on hiring
Source: Business Line






















