American manufacturer, General Motors, will discontinue Chevrolet Tavera, Enjoy and Sail (sedan and hatchback) from its product line-up in India. According to a report ET Now, the manufacturer will discontinue all these cars from the next financial year. It is expected that the manufacturer is making room for new launches in the coming year- Essentia, Beat facelift and TrailBlazer facelift.
Currently, the Tavera is powered by a 2.5 litre diesel engine with BS3 norms and comes with a seating layout for 7, 9 and 10 passengers. According to sales figures of February 2017, the manufacturer managed to sell only 538 units of the Tavera. Last year, General Motors announced that they are working on an updated version of Tavera, which will be compliant to BS4 emission norms. The new Tavera will get upgrades for the interior and exterior.
Another car set to be discontinued is Sail, which comes as a sedan and hatchback. Both the Sail sedan and Sail hatchback currently have two engine options – a 1.2 litre petrol engine and 1.3 litre diesel engine. The company only sold 53 units of sail hatchback in February 2017, while the Sail sedan sold 227 units.
In addition, the company will also discontinue the Enjoy, which is powered by a 1.3 litre diesel engine with 7 and 8 seating capacity options. The company sold 40 units of the car last month.
General Motors recently announced its plan to shut the Halol facility, and instead focus more on their Talegaon manufacturing plant. The cars manufactured at Halol plant are Tavera, Enjoy and the Cruze. The Talegaon has a capacity to manufacture 1.70 lakh units per annum, whereas the Halol facility has a production capacity of 1.10 lakh units each year. The car brand’s Indian arm registered a huge loss of over Rs 1,100 crore in FY2015-16.
General Motors is expected to introduce 10 new models by 2020 in India. For now, GM’s product line up includes the Beat, Spark, Cruze and Trailblazer.
Source- ET Now
Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.