GM India crosses 1 lakh sales


General Motors India today announced its crossing the 1,00,000 unit mark on November 27, 2010, meeting its yearly target with over a month still to go. This is the first time the company has crossed 1 lakh unit mark in a calendar year since its inception in India, it said in a press release.

The company has registered a growth of over 63 per cent from January to November 2010, compared to the corresponding period last year. It has crossed the 1,00,000-unit mark in this period, as against 61,321 units sold in the same period last year.

This feat has been achieved due to the growing popularity and the overwhelming response to Chevrolet Beat and Cruze, the release said.“This is a momentous occasion and a historic milestone for all of us at GM India. We are very excited by the tremendous response that we have received from our valued customers. Introduction of best-in-segment cars from the 300 series, rapid network expansion for increased customer outreach, our unique value proposition like Chevrolet Cashless Ownership offer, innovative marketing initiatives and our promise to deliver quality and performance are the factors that have led to this achievement. The economic growth that in turn propelled the growth in the automobile sector has resulted in sustaining this momentum,”P Balendran, vice president, GM India said.Chevrolet recently completed seven years of its foray into the Indian market. It has commissioned the power train facility in Talegaon making this the first flexi-engine plant for General Motors globally wherein both petrol and diesel engines are going to be manufactured together.