GM working on its version of the Maruti 800

As I said previously Gm is looking at the A-segment of cars in India seriously and the GM-Daewoo team is working on a sub 1L engine car for markets like India.This car obviously won't be priced at Rs.1 Lakh but is intended for the A-segment more of a rival of the Maruti 800.There is also some talk of a chinese partner for developing this small car.

GM may also launch a new small car in India this year by April to supplement the sales generated by The Spark.Don't know the pricing details about this car but is expected to take on the Hyundai i10.As far as margins,GM expects an impressive number from the recently launched Captiva to help it.It is expecting to sell about 1000 units of these by the end of 2008.

To just give a measure of the demand of small cars in India the Maruti Alto is all set to cross the 1 million magic figure in a week or two.However must say I am very disappointed by the largest manufacturer in India[Maruti] so far.They seem to have lost the plot a bit.While other manufacturers are talking about a new launch every month almost as far as small cars are concerned Maruti seems to be having nothing much to offer to replace its existing fleet which is aging rapidly.