Thursday, November 1, 2012

GM to introduce Chevrolet Spin in Thailand mid 2013

The US carmaker will introduce a new-generation MPV, the Chevrolet Spin, in Thailand in the second half of next year, a multipurpose seven-seater that will be assembled in Indonesia.

GM Thailand has enjoyed strong local sales growth this year after boosting its presence in the rapidly growing Thai automobile market with three new models designed to appeal to a large cross-section of buyers.

In the first nine months of this year, GM had sold 52,945 vehicles in Thailand for a 5.36% market share compared with 32,000 sold for all of last year.

By comparison, Chevrolet sold only 3,739 vehicles in Indonesia for a 0.49% market share and 1,533 cars in the Philippines for a 1.17% share.

"GM Thailand expects to record 130% sales growth this year, the highest performance among our group's operating units globally, followed by Poland with 53% and South Korea with 20.3%," said Laurent Berthet, the communications director for Southeast Asia.

"Thailand ranks 11th for us in terms of market share."