General Motors India will launch a 1.6-litre engine model of its premium mid-size car 'Chevrolet Optra' this week to meet competition from vehicles like 'Honda City' and 'Hyundai Accent'.
The car, which would deliver about 100 brake horse power, would cost less than the existing 1.8-litre model, a source close to the company told PTI.
The 'Optra', which was first launched in July 2003, is sold in both manual and automatic transmission variants between Rs 7.89 lakhs and Rs 10.29 lakhs (Ex-showroom Delhi).
"All the other features would remain the same as the existing 1.8-litre model," the source said.
When contacted, General Motors India Vice President (Corporate Affairs) P Balendran said there were plans to roll out a new model of the 'Optra' but did not give details.
A wholly-owned subsidiary of US-based automaker General Motors Corporation, the company also produces the 'Opel Corsa' range of models at its plant at Halol (Gujarat).
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