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GM with mini car in INDIA

General motors depsite bankruptcy protection in the US is planning to develop a small car cheapest globally, at price tag of under Rs 2 lakh.
The company was looking at developing a car from India that would be positioned below the 'Spark' mini car. Apart from India, it could well be positioned in similar foreign markets like Latin America, Eastern Europe, Africa and even possibly China.
GM's own upcoming engine plant could make the price attractive to serve other markets. The company plans to increase local content on its India-made cars to make them more competitive on the price front.


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