General Motors may bring new mini car to US as gas prices soar
Written by sanju singh
Thursday, 03 July 2008
04 July, 2008, Detroit; economictimes.indiatimes.com: General Motors Corp is considering a new Chevrolet mini car for the United States as it reworks its product lineup to cope with a dramatic shift from trucks to cars linked to high gas prices, a spokesman said Thursday.
GM spokesman Dee Allen said bringing the Chevrolet Beat, which is about the size of a Honda Fit or Toyota Yaris mini car, to the US is among the options the company is studying.
``It is certainly one of the things that is being looked at from a portfolio perspective,'' Allen said.
The Beat, to be built in South Korea, will be rolled out in other global markets faster than it would be in the US, Allen said. He did not know when the car might be sold elsewhere or in the US.
The car still must be engineered to meet US safety and emissions standards, he said.
GM unveiled the Beat with two other ultra-small cars as concepts at auto shows last year, saying the trio was designed to attract young buyers in urban markets around the globe.
GM currently produces the Chevrolet Aveo sedan and five-door subcompact to compete in the growing mini car market.
The Beat is a front-wheel-drive three-door hatchback powered by a 1.2-liter turbocharged gasoline engine.
The company has declined to put a price tag on the Beat, but Vice Chairman Bob Lutz said last year that GM mini cars ideally would start about $10,000 in the US market.
US mini car sales are up nearly 31 percent for the first half of the year, even though the total US auto market is down more than 18 percent, according to Autodata Corp.
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