GM puts the brake on Indian investments; Current line-up to get more focus

GM has announced that it is putting its Indian investments on hold and will focus more on the current Chevrolet badged line-up being offered in the sub-continent. The move has been attributed to a shift in customer preferences and uncertainty with regard to regulations.

The company, earlier this year, said that it was scrapping the Spin MPV for India and would instead bring a new India-specific Beat and the two Beat-based models that it had shown at the 2016 Auto Expo. These two are the Essentia compact sedan and the Beat Activ mini crossover. In addition it will over the next two years launch the Trailblazer facelift and the next-generation Cruze sedan.

This stop on investments includes the halting of a new modular platform that it is developing for India. This platform was expected to spawn a new family of budget vehicles which would make their way to similar markets.

Chevrolet has been struggling with numbers in the last few months with its highest selling models being the Beat and the Tavera which have only sold between 500-700 units on a monthly basis since January.

SOURCE: goo.gl/iB1vdm