General Motors India (GMI) here on Thursday launched its Chevrolet Cruze which comes with a new 2-litre diesel engine and added features.
The new Cruze is offered in three variants – LT, LTZ MT (manual transmission) and LTZ AT (automatic transmission) – and seven colours. While the ex-showroom Hyderabad prices of LT and LTZ MT are Rs 14,08,966 and Rs 15,02,609 respectively, the price of LTZ AT is Rs 15,94,198.
“The Cruze is all about value, refinement and power-packed performance combined with an array of unique features,” GMI president and managing director, Lowell Paddock, told mediapersons.
Stating that the Cruze had received overwhelming response from customers across India since its launch in 2009, Paddock expressed the hope that the vehicle would continue to stand out against the competition in its segment.
During the first half of the current calendar year, GMI sales have declined by seven per cent as compared to the corresponding period last year. The company, which has an installed capacity to produce 225,000 units a year, had sold a total of 111,510 vehicles last year.
GMI sales, marketing and after sales vice-president, Sumit Sawhney, said that the company was producing according to the demand and hence does not have any built-up inventory of vehicles.
“We all are looking forward for a turnaround sometime during the festival season,” the company’s vice-president (corporate affairs), P Balendran,l said .
He said that GMI’s growth rate this year would be in tune with the overall growth of the industry, which was expected to be 8-10 per cent.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
