The company is reviewing it full product portfolio before investing in new products in order to provide value to its shareholders.

It might be a while before we’ll get new cars from General Motors. That’s because the carmaker has put investments on new models on hold here, and is currently reviewing its future product plans for India.

Earlier in 2015, GM had announced an investment of $1 billion in India, and had plans to roll out 10 new models by 2020.

The investment was to be made at the carmaker's Talegaon plant, near Pune, to ramp up production, while the company’s Halol plant in Gujarat was to be shut down.

The 10 new models included the Trailblazer SUV (launched in October 2015) and the Spin MPV in early 2017. While the company has shelved the launch of the Spin MPV, the Hyundai Elantra rivalling Cruze, the new Beat hatchback, and a Beat-based notchback – the Essentia – are being considered for India.

News You May Like

Kia Motors Aids its Dealers Amidst Coronavirus Pandemic
  • Published On : 21 April 2020
  • 1 min read

Kia Motors India supports dealers amidst Coronavirus Crisis.

Read More

BMW India Boss Rudratej 'Rudy' Singh Passes Away
  • Published On : 20 July 2020
  • 1 min read

We at Droom offer our heartfelt condolences to Rudy's family and his loved ones during these difficult times.

Read More