June 19, 2007 -- The new facility of General Motors (India), a wholly-owned subsidiary of auto company General Motors Corp, at Talegaon in Maharashtra, will start production by the last quarter of 2008. The facility, for which the company laid the foundation stone recently, will be built over 300 acres of land and have an initial annual capacity of 140,000 vehicles. The production will begin by the last quarter of 2008, company's General Manager (Sales) Sumit Sawhney.

Sawhney was speaking to reporters at the launch of GM's Chvrolet Optra TCDi diesel sedan here on Saturday. Capacity of GM India's state-of-the-art plant at Halol, near Baroda, is being increased to 85,000 units from the present 60,000 units. The company's market share in the eastern India is poised to increase from 1-.5 per cent to 18-19 per cent in the next six months, Sawhney said. GM sells most of its cars in the US, followed by China, Canada, the UK and Germany.

Source: Asia Pulse
Source: Factiva