Wednesday, June 3, 2009

GM looking at Rs 2L mini car

Though General Motors is entering the stage of seeking brankrupcy protection from the U.S governmnt, it still has some plans for India. Don't worry, this is not another Tata Nano on streets now but rather another strategy for the company to sustain itself in the market.

At a price tag of less than 2 lakh the company was looking at developing a car that would be positioned below the 'Spark' mini car. Besides India it would also be sold in Latin America, Eastern Europe, Africa and China.

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