LPG version at Rs 3.52 lakh
General Motors India today launched the LPG version of ''its best selling model'' Chevrolet Spark in the country, priced at Rs 3.52 lakh (ex-showroom Delhi).
''We plan to continue to introduce the variance of the Spark that targets different groups of customers. This will enable us to achieve our goal of becoming a market leader in India by giving our customers the vehicles that they want, when they want them,'' General Motors India president and Managing Director Karl Slym told reporters here.
With an average of 13.8 km, this model is priced Rs 21,000 more than the regular one and is fitted with 'sequential injection-type' LPG kit, he said adding that the technology used is far superior to the venture type kit available in the market.
He said the India operations will remain unaffected and operate normally despite the automaker's parent filing for bankruptcy protection.
''The bankruptcy filing was only for the US operations...it is business as usual here in India for our employees, suppliers and customers,'' he said.
He said the company's programmes ''are on schedule'' and as per plans, it will launch luxury sedan Chevrolet Cruze in September and a mini car by the end of this year.
Asked about the price tag of the mini car, he said, the price has not been decided yet, but ''it is likely to be around Rs four lakhs.'' Mini car accounts for about 80 per cent of the total cars sold in India as it has better mileage and affordable pricing.
Despite the auto industry growing two per cent last year, the company has recorded 10 per cent growth.
Meanwhile, Chevrolet Sales India Pvt Ltd Vice President( Marketing & Aftersales) Ankush Arora admitted that the bankruptcy filing did affect the business in India, but ''it was a marginal effect...we expect to grow more than ten per cent this year, as targeted earlier.''