GM is working on a cheap small car for developing markets which, according to suppliers, could be the Detroit automakers answer to the Tata Nano. GM is looking to China to produce a low cast car than now available in its lineup.
“We aren’t interested in trying to produce a car for $2,500 because of the compromises, but we’ve got to think about getting a little bit closer to it,” Nick Reilly, president of GM Asia Pacific told Automotive News.
Currently, in China, GM is developing the next-generation Chevrolet Spark (pictured above) on its global minicar platform. Production will start in late 2009 at SAIC-GM-Wuling Automobile Co. Engineers at Wuling confirm that they have also been asked to work on a low-cost car that will rival the Nano. The current Chevy Spark produced by Wuling sells for $5,650.
The engineers would not discuss any details of the car.
Source: Automotive News (Subscription Required)
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