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Old 5th February 2008, 14:57   #1
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And now GM to take on Nano

Another Nano effect.....??!!
GM may hike stake in SAIC to take on Nano- Automobiles-Auto-News By Industry-News-The Economic Times
 
Old 5th February 2008, 15:06   #2
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girish, this is something the GM MD believes in the right ernest. In fact we had a ramblings thread on the same when their MD said that Nano is no big deal as their chinese venture wuling can also make such cheap cars! Its only the next step in the process of realizing that belief.
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Old 5th February 2008, 15:36   #3
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And now GM to take on Nano

US auto major General Motors is likely to up its stake in its Chinese venture SAIC-GM-Wuling Automobile Co. The growing interest in the joint venture is the result of GM’s strategy to make cheap small cars to compete with the recently show-cased sub-$2,500 Tata Nano.

Wuling is an integral part of GM’s overall growth strategy in China, both in terms of product development and sales. The auto major is satisfied with its stake in the joint venture and the relationship with the two partners in China. GM holds a minority share in its mini-vehicle Chinese-owned Saic-GM-Wuling Automobile co.

When contacted by ET, GM China spokesperson Rob Leggat said: “Relative to the low-cost car, GM’s global product development organisation and strong presence in Latin America and Asia Pacific is well positioned to develop products for customers in these fast growing markets”.

M produces a number of lower-cost vehicles, including the Chevy Celta, in Brazil and various Wuling models in China at competitive prices, Mr Leggat added. “In fact, the Chinese venture is already building a car that sells for around $3,500. We can come up with lower-cost variants,” he said.

The recent launch of the Tata Nano has opened up a whole new market for low-priced vehicles and auto majors are figuring out ways to break into the newly-created car segment. According to auto industry sources, Volkswagen, Nissan, General Motors and others are all working on the low-cost car in the $3,000-4,000 price range.

Source - GM may hike stake in SAIC to take on Nano- Automobiles-Auto-News By Industry-News-The Economic Times
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Old 5th February 2008, 15:57   #4
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Looks like the whole world of car manufacturers would like to take on Nano (head on). First it is Bajaj, followed by Renault, then followed by Maruti and now it is GM. Just wondering when Ford will make the announcement that it will take on Nano?

WHERE ARE THE ROADS TO HOLD THESE CARS? IS SOMEBODY FROM GOVT IS LISTENING?
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Old 5th February 2008, 16:03   #5
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soon we might even have either a Mercedes N class (N stands for Nano) and the BMW 01 Series (01 being a series below 1)

Last edited by Karandeep81 : 5th February 2008 at 16:07.
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Old 5th February 2008, 16:13   #6
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@ snaronikar : You forgot Maruti

@ Karandeep81 : May be Honda with Honda Village ( smaller version of City )
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Old 5th February 2008, 16:30   #7
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Quote:
Originally Posted by nicejits View Post
@ snaronikar : You forgot Maruti
No brother. I have mentioned Maruti but I forgot Honda though.
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Old 5th February 2008, 16:34   #8
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Quote:
Originally Posted by Karandeep81 View Post
soon we might even have either a Mercedes N class (N stands for Nano) and the BMW 01 Series (01 being a series below 1)
or perhaps -1 (minus 1)
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Old 5th February 2008, 16:34   #9
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Quote:
Originally Posted by snaronikar View Post
No brother. I have mentioned Maruti but I forgot Honda though.

you forgot hyundai
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Old 5th February 2008, 16:36   #10
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Quote:
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you forgot hyundai
. Should have mentioned it. But they have never spelt out their plan of launching a competitor to Nano.Hoping for the same in next few days.

Last edited by snaronikar : 5th February 2008 at 16:38.
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Old 5th February 2008, 16:42   #11
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Quote:
Originally Posted by snaronikar View Post
. Should have mentioned it. But they have never spelt out their plan of launching a competitor to Nano.Hoping for the same in next few days.

they did mentioned "" public car "" to be launched

here is the link
http://www.team-bhp.com/forum/indian...tata-nano.html
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Old 5th February 2008, 16:50   #12
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About Saic-GM-Wuling Automobile co:

Apart from vans, Wuling makes only one proper car i.e. the older generation spark/matiz.


There is one variant with a 796cc making 37.5 bhp. But, I don't think a stripped down last generation matiz will click with the buyers. And it will make a serious dent to the indian spark's brand value as well.


Links:
SAIC-GM-Wuling Automobile - Wikipedia, the free encyclopedia
SGMW - 1025L
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Old 5th February 2008, 16:51   #13
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@ankit: Hmmm. To many players coming into this segment now.
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Old 5th February 2008, 16:54   #14
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Quote:
Originally Posted by snaronikar View Post

WHERE ARE THE ROADS TO HOLD THESE CARS? IS SOMEBODY FROM GOVT IS LISTENING?
IMO Govt only solves problems when it becomes really acute. So, when the Nano roles out and congestion increases to unprecedented levels, Govt will have to step up and provide better infrastructure. I think finally Nano will bring the focus on improving roads like nothing else could.
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Old 5th February 2008, 16:55   #15
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Looks like Tata has given a wake up call to everyone. Good going Tata, but i see all manufacturers other then Tata are just speaking rather then doing anything about a Nano rival.
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