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GM chief Wagoner on India
GM chief Wagoner on India
Speaking at the launch of Chevrolet Spark, Rick Wagoner, chairman and CEO, General Motors said the company expected India (apart from China)to emerge as the second-fastest growing automobile market globally in the next decade. "It will be important for GM to do well in emerging markets such as India for its future growth," Wagoner said. Currently, GM India's share in the domestic car market is 2.8%, but the company is aiming at 10% market share by 2010. "We believe that Chevrolet Spark will significantly contribute towards achieving our vision of capturing 10% market share," Wagoner said.
Speaking at the launch of Chevrolet Spark, Rick Wagoner, chairman and CEO, General Motors said the company expected India (apart from China)to emerge as the second-fastest growing automobile market globally in the next decade. "It will be important for GM to do well in emerging markets such as India for its future growth," Wagoner said. Currently, GM India's share in the domestic car market is 2.8%, but the company is aiming at 10% market share by 2010. "We believe that Chevrolet Spark will significantly contribute towards achieving our vision of capturing 10% market share," Wagoner said.