General Motors that announced that it would exit the Indian market earlier this year has announced that the carmaker has started exporting a new car from India. The American brand is currently present only as an exporter in India, and from 31st December 2017, the carmaker will cease operation from the domestic market.
GM has announced that it has started exporting the sedan version of the Beat, that was showcased at the Auto Expo 2016 as Essentia. The car was also scheduled to be launched in the Indian market, but GM later went against the decision. The sedan version of the Beat will be exported to the Latin America markets. The production of the Beat sedan started at the GM’s Talegaon factory from the 5th June 2017. GM said that it had exported a consignment of 1,200 units of the Beat sedan.
GM’s Talegaon factory has been one of the major export hubs for the company. GM’s export numbers were higher than the domestic sales, and it is the third largest passenger car exporter from India.
Commenting on the company’s export growth, Asif Khatri, VP – Manufacturing, GM India said, “GM India’s exports have more than tripled in the past year. GM was India’s third largest passenger vehicle exporter in May – recording our highest monthly total of vehicle exports at 8,297 units.”
GM also exports Beat hatchback to the Latin American markets from India. In the Indian domestic market, the brand only sold 25,823 units in last fiscal year. GM has also removed the Chevrolet brand from the South African market after the sales dipped to a minuscule number. In India, the brand’s market share shrunk below 1%.