Is General Motors making headlines or what? The (former) American Auto giant filed for bankruptcy hours ago, but clearly stated its Indian operations would remain unharmed.
GM has managed finally to find a home in China for the Hummer brand, which is another huge achievement for the company, since its been like donkey years since the search began.
Would Hummer make any sense in this era of small and fuel efficient vehicles which even the U.S is witnessing? We can't do any answering now but all we can say is a lot of exciting products could wear the Hummer badge in the future. It all depends on the way the team regroups and works, because its terribly easy to screw it up.
But the hot report of the lot is the Rs.2-lakh car for the Indian market. The new small car would be positioned below the Spark which is currently the cheapest car in India.
Other than India, markets like Russia, China and Latin America would also be on this car's radar, the report said.