General Motors and Shanghai Automotive Industry Corp. (SAIC) will develop a new modular platform that give life to a new generation of compact vehicles for China, India and South America .
G eneral Motors plans an investment of $ 5,000 million in the coming years to develop a new family of compact cars, based on an architecture in common.
According to recent statements by the president of GM Dan Ammann discharged into Automotive News , General Motors developed a new architecture together with their Chinese partners of Shanghai Automotive Industry Corp. (SAIC) to make a series of compact vehicles will be marketed under the brand Chevrolet not only China, but also in India, Mexico and South America .
five billion dollars for the development of a new family of products.
According to the indicated Dan Ammann , both the modular platform as the engines are already being developed in conjunction with SAIC, so expect the first of these products to enter into production in 2019 , with an estimated volume of more than 2 million vehicles a year sales.
The executive noted that these cars will be equipped with modern technologies , as it ensures consumers in emerging markets aspire to obtain adequate security, good connectivity and a correct level of fuel consumption.
This is based on the new modular platform architecture aspires to General Motors replace and consolidate several product lines marketed in the most diverse markets around the world.
The new products include different body styles and will be produced in various plants around the world, which must be restructured to accommodate the new architecture. Ammann said to be products intended for emerging markets no chance of reaching Europe or the United States.