CARS

Friday, August 20, 2010

Chevrolet Corvette
For those who were craving to buy the globally-renowned sports car ‘Chevrolet Corvette in India could soon do so when the US carmaker introduces it in the Indian market in the distant future.

Business Standard nwo carries a news item that Timothy E Lee, president, international operations of General Motors has revealed to them about the Standard GM’s plan of selling internationally popular models to India. He also said cars like the Camaro (a muscle car) and Corvette will be brought to India and sold via special boutiques in small numbers as the duties levied on these CBUs are very high.

Timothy E. Lee, president, international operations of General Motors was quoted as saying to BS, “The import duty required selling the other kinds of Chevy vehicles like Corvette or Camaro is quite extensive to do it for the buying public. We will have a boutique offering for those kinds of brands but those will never be the volume products for India. Every one of those products will create its own space in India, but it will be very small in numbers.

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