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Last updated: 02 Sep, 2015  

GM India Announces Mexico as Major Export Market

NewsVoir | 01 Sep, 2015
General Motors India today announced the rollout of the first Chevrolet Beat for export to Mexico. Vehicle shipments to its second major export market will commence next month from GM India’s state-of-the-art manufacturing facility in Talegaon, Maharashtra. Sales of the mini-car in Mexico are scheduled to begin in December 2015.

 

“In keeping with our commitment to the Make in India program, we are proud to produce exciting Chevrolet vehicles for the Mexican market,” said Arvind Saxena, president and managing director of GM India. “Exports will be an important and ever-growing part of our business. This is part of GM’s strategy to make India a global export hub.”

 

The Chevrolet Beat is available in more than 70 markets around the world, primarily as the Chevrolet Spark. Chevrolet has sold more than 1 million Sparks and Beats worldwide.

 

GM India began vehicle exports to Chile from its Talegaon facility in September 2014. It exported approximately 1,000 vehicles last year and is targeting exports of 19,000 vehicles this year.

 

“We are looking to identify additional export markets,” said Saxena. “This will help drive capacity utilization at our Talegaon facility.”

 

During her recent visit to India, GM CEO Mary Barra announced $1 billion in new investment in the market, including exports. The Talegaon facility, which currently has a production capacity of 130,000 vehicles annually, will increase its base capacity to 220,000 vehicles by 2025. It will also become a global export hub for GM, with up to 30 percent of its annual production planned for markets outside India.

 

About Chevrolet:

Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 115 countries and selling around 4.8 million cars and trucks a year. Chevrolet provides customers with fuel-efficient vehicles that feature engaging performance, design that makes the heart beat, passive and active safety features and easy-to-use technology, all at a value. The Chevrolet portfolio in India includes the Beat, Captiva, Cruze, Enjoy, Sail, Sail Hatchback, Spark and Tavera. More information on Chevrolet models can be found at www.chevrolet.co.in.

 
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