Indian auto market has been witnessing a tremendous slump since past few weeks owing to the rising inflation and increase in interest rates for car loans.
General Motors is one of the first auto makers to slash its prices to combat the dropping sales figure problems with a price cut down despite the rising steel price,Inflation on new high and rising interest loan on car.
This is the second time in the year that General Motors has announced a slash in prices of its model Chevrolet Spark.
The Chevrolet Spark beginning price will be Rs 2.66 lakh (ex-showroom, Delhi) for a limited period to celebrate the new plant.The base model for Chevrolet Spark without air-conditioner and power steering is available at Rs. 2.66 lakh i.e cheaper than even its initial launch price. This is over Rs 20,000 off Chevrolet Spark usual price, and makes it definitely force your instinct to 'dekho' if you’re in the market for a small cars in india.
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