![]() GM puts off Hummer, Cadillac launch plansPublished on Sat, Aug 02, 2008 at 08:39 | Source : Business Line Updated at Sat, Aug 02, 2008 at 09:16
New Delhi, Aug 1: General Motors plans to stave off the domestic launch of its global sports utility vehicle brands - Cadillac and Hummer - for this year.
The plant is slated to be inaugurated in the presence of the company's global President and Chief Operating Officer, Mr Fritz Henderson. "We are reviewing the launches of our SUV brands. However, we would not be introducing either of the products this year," Mr Ankush Arora, Vice-President, Sales and Marketing, General Motors India, told Business Line. The company, which had earlier this year at the Auto Expo said that it was planning to launch the two brands in the Indian market, now feels that it may not be able to keep its promise as the automobile industry remains in torpor with high interest rates and inflationary pressures. contd on page 2...
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