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INDIA: GM’s plan to launch Cadillac on hold

By Graeme Roberts | 8 August 2011

GM India has put on hold its plan to launch Cadillac in the country despite receiving positive feedback. 

Local president and managing director, Karl Slym, said: "We want to focus on Chevrolet at the moment for which GM India has invested a fortune on building infrastructure like plants." 

Increasing fuel prices and interest rates have affected the Indian auto industry. Slym added: "However, we will grow at double the industry rate. Last year, the industry grew by 30% and GM India grew by 60%. 

GM will launch five models including an LCV in all fuel variants within the next 18 months, Slym noted.

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