New Cars to Roll Out of GM Stable

(India/Rubber Asia) There has been a flurry of new car launches in the Indian market thanks to the apparent growth in the Indian consumers purchasing power. General Motors, the world’s largest car maker, for example, has even come out with a new strategy specific to the Indian market, the main component of which to launch two new cars every year in the country, from 2006 to 2008, local media sources report.

Mr. Rajiv Chaba, president of GM India, has said it would be a “mix of local production/assembly for voulume cars and CBU imports in the case of some lifestyle products”.