Packing batteries with more punch
Indian researchers are working on cells that can store more energy, last longer
GM India launches Chevrolet Cruze, in New Delhi. - Business Line
Car-maker General Motors India saw sales grow by 2.54 per cent to 8,468 units in December ,2010, from 8,258 units in the same month of the previous year.
The company also saw its annual sales cross the one lakh units-mark for the first-time ever in 2010.
“Achieving these levels of growth also clearly reflects customers’ confidence in our products. We are pleased to see such robust growth for all our car lines and we believe these world—class products will further propel the Chevrolet brand in the market,” said Mr P Balendran, GM India Vice-President .
In December last year, the company sold 2,691 Spark hatchbacks, 623 Cruze sedans and 2,523 units of its latest compact car offering, Beat, the statement said.
It also sold 271 units of its premium hatchback, Aveo U- Va, 258 units of entry-level sedan Aveo, 288 units of mid- sized sedan Optra, 1,694 units of multi-utility vehicle Tavera and 120 units of its Captiva SUV.
In the entire 2010 calendar year, GM India sold a total of 1,10,804 units, as against 69,579 units a year ago, translating into a growth of 59.25 per cent.
“It may be recalled that the company has crossed the 1,00,000 units—mark for the first time since the inception of the company in India on November 27, 2010. The milestone in sales was achieved primarily because of the overwhelming response to Beat, Spark and Cruze,” the statement said.
The company ramped up production during the year to meet the enhanced demand for its products, adding a second shift at its Halol and Talegaon plants.
Indian researchers are working on cells that can store more energy, last longer
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