General Motors to make expensive models in India

In a bid to increase the company benifts General Motors have increased the prices of some of the models in India. All these models are equipped with some extra import duties on them. It is expected that Chevrolet Spark and Chevrolet Optra may get costlier by nearly 1 to 2 percent. It is expected that Chevrolet Spark prices may go up by nearly Rs.3000 while on the other hand Chevrolet Optra prices may go higher by Rs. 10,000. Moreover it is expected that the prices of Captiva may also go high.
In a recent period we noticed that the General Motors along with many other motors companies were offering reduced prices on various car models, with the CENVAT been offered by the central government. It has come to the notice that the General Motors till now have not decided with their targets of the next year, all because of the increase and decreasing market conditions. According to the Vice President of the company P. Balendran the targets are generally fixed in the month of January, he also reported that last year the market was expected to go high by nearly 22 percent but things did not worked and everything slowed down. The most important thing which the company feels important to be is that it wants to call back all the disconts it levied earlier so that it can make the weaking conditions again tighter than before.