News: GM to withdraw Opel from Indian markets

(PTI 22/03/2006) Kolkata - General Motors India has decided to withdraw the premium Opel brand from the market and focus instead, on marketing the Chevrolet brand.

Launching the Chevrolet Aveo sedan here on Wednesday, Vice President of GM India, Ankush Arora said the company had already stopped production of Opel Corsa.

He said GM India would focus more on the Chevrolet brand in India as it was doing well after the launch of Optra sedan and Tavera multi-utility vehicle (MUV).

Mr Arora said Aveo had been placed in the C segment that included Hyundai Accent, Ford Fiesta, and Honda City and would be sold at the rate of 20,000 units per year.

The car has been designed at four centres of the company -- in South Korea, Russelhiem, Michigan and China.