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GM India to phase out Aveo, mulls similar step with Optra
Posted on 28 Jun 20123,776 Views Comments
Chevrolet India will phase out the ageing Aveo and replace it with the upcoming Sail sedan. The Optra Magnum is likely to be axed too. Enjoy MPV to hit the market in 2012
General Motors India today said it is considering the phase out some of its old models such as the Aveo and Optra and replace them with new ones.
The company, which launched a completely new diesel variant of its premium sedan 'Cruze' for Rs 13.85-15.67 lakh (ex-showroom Delhi), also said it is adjusting production by having no production days (NPDs) at its factories to prevent inventory pile up due to market slowdown.
"We will launch the Sail in both hatchback and sedan versions in the next few months. This will replace the Aveo U-VA hatchback and Aveo sedan," General Motors India President and MD Lowell C Paddock told reporters here.
When asked about other models, particularly the Optra, Paddock said: "Like every other car, Optra sedan also has its own life-cycle. This model is ageing, but still there is steady demand for the car in some parts of the country. We will take a call in certain point of time to phase out this model too."
He, however, did not share any specific time frame to phase out the Optra model or whether any new model is being developed to replace it.
The company will also introduce a multi purpose vehicle Enjoy by the end of this year, Paddock added.
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