GM Seeks to Reverse India Decline With Chevrolet Models
This article is for subscribers only.
General Motors Co. is banking on a line of new locally produced Chevrolet models to arrest a decline in its sales in India.
The company will invest $1 billion in Chevrolet in India and roll out 10 new models in the next five years, GM said in a statement. Chief Executive Officer Mary Barra told reporters in New Delhi on Wednesday she sees “much more” growth in India for GM, and the total car market may grow to about 8 million units by 2025.