GM to launch a subcompact car in India this year

Stefan Jacoby, GM’s executive vice president, Consolidated International Operations, according to an online report was quoted saying that the carmaker will announce a strategic plan later in the year which will involve newly-designed subcompact cars for the Indian market. We expect this small car from GM to take the fight to Maruti, Hyundai and Tata in a bid to capture the ‘car of the masses’ segment.

The new car will most probably be based on the Spark platform and will be powered by an 800cc engine tuned for efficiency. The car will be launched first with a petrol engine and we expect CNG and LPG versions after a few months. Chevrolet must price this car at around Rs 2 lakh to compete with the trusted Maruti Suzuki Alto 800. There also are plans to bring the Spark Electric to foray into the potentially untapped market.