GM India's Next Two Year Plan

Mr Karl Slym, MD & President, GM India said, “In the next 24 months, we will launch six mew models of passenger cars and 14 new versions (of existing models).” Of these 6 new cars, 3 of them will be cars from GM’s Chinese partner SIAC – Shanghai Automotive Industry Corporation. GM also stated that they will launch 14 updated variants of their existing models within the same period.

Within the next 12 months, GM will invest the $100 million on their Halol unit which will see its annual capacity increase from 85,000 units to 1,05,000 units. Currently GM manufactures Aveo, Cruze, Optra and Tavera at Halol unit. GM India is a 50:50 JV between GM and SIAC.