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GM expects India business to be in the top ten list by 2011

Last Updated : 30 May 2010, 16:49 IST
Last Updated : 30 May 2010, 16:49 IST

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“I think by 2011, India should be among the top ten markets for General Motors globally... and I would be really surprised, if it doesn’t happen...,” General Motors China Group President and Managing Director Kevin E Wale told PTI here.

As per the information available, in 2009, the total sales of the company in India stood at 69,579 units. However, with the launch of its global small car Beat it expects to achieve a sale of 100,000 units in the current year. GM had launched Beat in the Indian market earlier this year during the Auto Expo and it is now the highest selling vehicle from its portfolio in the country. Currently with the sale of over 2 million units, US is the largest market for the Detriot-based company followed by China at 1.8 million units.

The company expects that as the Indian automobile market is growing at a double digit rate, the country may soon enter into top ten markets globally by replacing Australia.

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Published 30 May 2010, 16:49 IST

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