GM expects Indian operations to grow 20%

In spite of a recession in the auto sector, General Motors expects its Indian operations to grow 20 per cent during this year beating industry growth rate of about 7 per cent.

General Motors India Vice-President, Mr P. Balendran, told newspersons that most of the growth of General Motors has been through the operations in China and India. He said General Motors was confident of reaching 10 per cent market share in India by 2010. At present, the market share of the car maker is around 4 per cent. More
Courtesy: indiacar.net

This entry was posted on Thursday, October 30th, 2008 at 11:43 pm and is filed under General motors India. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.