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President & MD of GM Motors of India, Aval Slym addressing the media during the press conference of General Motors India for the launch Chevrolet Beat LPG in Mumbai on Friday, 11 February, 2011.

President & MD of GM Motors of India, Aval Slym addressing the media during the press conference of General Motors India for the launch Chevrolet Beat LPG in Mumbai on Friday, 11 February, 2011.

Director & VP, P Balendra, President & MD of GM Motors of India, Aval Slym, Director-Sales of Gm motors, Sumit Sawhney during the press conference of General Motors India for the launch Chevrolet Beat LPG in Mumbai on Friday, 11 February, 2011.

Tim Lee, President of General Motors International Operations with Karl Slym, President and MD of General Motors India poses with the companies ‘SMARTECH Engine’ during its launch at a press conference in New Delhi on Thursday, 27 January 2011.

Tim Lee, President of General Motors International Operations with Karl Slym, President and MD of General Motors India poses with the companies ‘SMARTECH Engine’ during its launch at a press conference in New Delhi on Thursday, 27 January 2011.

Tim Lee, President of General Motors International Operations with Karl Slym, President and MD of General Motors India poses with the companies ‘SMARTECH Engine’ during its launch at a press conference in New Delhi on Thursday, 27 January 2011.

P Balendran, Director & VP and Sumit Sawhney, Director- Sales of GM Motors India pose with newly launched car ‘Chevrolet Beat’ in Mumbai on Monday, 04 January 2010.

P Balendran, Director & VP and Sumit Sawhney, Director- Sales of GM Motors India during the launch of new car ‘Chevrolet Beat’ in Mumbai on Monday, 04 January 2010.

P Balendran, Director & VP and Sumit Sawhney, Director- Sales of GM Motors India pose with newly launched car ‘Chevrolet Beat’ in Mumbai on Monday, 04 January 2010.

P Balendran, Director & VP of GM Motors India addresses media during the launch of new car ‘Chevrolet Beat’ in Mumbai on Monday, 04 January 2010.

Models pose in front of a Jaguar XF 5.0 V8 car during the 10th Auto Expo in New Delhi on January 5, 2010. Global car manufacturers eyeing the explosive growth of the Indian market unveiled new compact models at the Delhi auto show January 5 in a bid to break the dominance of entrenched local producers. Japanese groups Toyota and Honda, Germany"s Volkswagen and US giant General Motors unveiled new models specially designed for the growing car-buying middle classes and the country"s notoriously bad roads.

P Balendran, Director & VP of GM Motors India addresses media during the launch of new car ‘Chevrolet Beat’ in Mumbai on Monday, 04 January 2010.

P Balendran, Director & VP of GM Motors India poses with newly launched car ‘Chevrolet Beat’ in Mumbai on Monday, 04 January 2010.

P Balendran, Director & VP and Sumit Sawhney, Director- Sales of GM Motors India pose with newly launched car ‘Chevrolet Beat’ in Mumbai on Monday, 04 January 2010.

P Balendran, Director & VP and Sumit Sawhney, Director- Sales of GM Motors India pose with newly launched car ‘Chevrolet Beat’ in Mumbai on Monday, 04 January 2010.

P Balendran, Vice President of GM India addresses during the launch of Chevrolet Cruze in Jaipur on Wednesday, 28 October 2009.

Sumit Sawhney, General Manager (Sales) of GM India and P Balendran, Vice President with other officials pose for the photographers during the launch of Chevrolet Cruze in Jaipur on Wednesday, 28 October 2009.

P Balendran, Vice President of GM India addresses during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

Sumit Sawhney, General Manager (Sales) of GM India during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

P Balendran, Vice President of GM India and Sumit Sawhney, General Manager (Sales) pose for the photographers during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

P Balendran, Vice President of GM India addresses during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

P Balendran, Vice President of GM India addresses while Sumit Sawhney, General Manager (Sales) looks on during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

P Balendran, Vice President of GM India addresses while Sumit Sawhney, General Manager (Sales) looks on during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

P Balendran, Vice President of GM India and Sumit Sawhney, General Manager (Sales) pose for the photographers during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

P Balendran, Vice President of GM India and Sumit Sawhney, General Manager (Sales) pose for the photographers during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

P Balendran, Vice President of GM India addresses during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

P Balendran, Vice President of GM India addresses while Sumit Sawhney, General Manager (Sales) looks on during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

Michael Boneham, President and Managing Director of Ford India and Alan Mulally, President and CEO of Ford Motor Company pose with newly launched ‘Ford Figo Car’ in New Delhi on Wednesday, 23 September 2009. The US motor company announced it will launch its first small car in India early next year as it targets the country"s fast-growing automobile market to boost global sales.

Alan Mulally, President and CEO of Ford Motor Company and Michael Boneham, President and Managing Director of Ford India pose with newly launched ‘Ford Figo Car’ in New Delhi on Wednesday, 23 September 2009. The US motor company announced it will launch its first small car in India early next year as it targets the country"s fast-growing automobile market to boost global sales.

Alan Mulally, President and CEO of Ford Motor Company and Michael Boneham, President and Managing Director of Ford India pose with newly launched ‘Ford Figo Car’ in New Delhi on Wednesday, 23 September 2009. The US motor company announced it will launch its first small car in India early next year as it targets the country"s fast-growing automobile market to boost global sales.

Bollywood Actor Suniel Shetty and Michael Boneham, President and Managing Director of Ford India pose with newly launched ‘Ford Endeavour’ in New Delhi on Wednesday, 09 September 2009. The new Endeavour is available in Delhi from today at Rs. 17, 99, 000 for the 3.0L 4X4 automatic transmission and Rs. 15, 99, 000 for the 2.5L 4X2 manual transmission variant (Ex-Showroom, New Delhi).

Bollywood Actor Suniel Shetty and Michael Boneham, President and Managing Director of Ford India pose with newly launched ‘Ford Endeavour’ in New Delhi on Wednesday, 09 September 2009. The new Endeavour is available in Delhi from today at Rs. 17, 99, 000 for the 3.0L 4X4 automatic transmission and Rs. 15, 99, 000 for the 2.5L 4X2 manual transmission variant (Ex-Showroom, New Delhi).

Michael Boneham, President and Managing Director of Ford India and Bollywood Actor Suniel Shetty pose with newly launched ‘Ford Endeavour’ in New Delhi on Wednesday, 09 September 2009. The new Endeavour is available in Delhi from today at Rs. 17, 99, 000 for the 3.0L 4X4 automatic transmission and Rs. 15, 99, 000 for the 2.5L 4X2 manual transmission variant (Ex-Showroom, New Delhi).

Cars and bikes display during ‘Hyderabad International Auto Show 2009’ presented by Vista Entertainments in association with Hyderabad International Convention Centre (HICC) and Federation of Automobile Dealers Association in Hyderabad on Friday, 17 July 2009. The three-day event will display Audi, BMW, Ford, General Motors, Honda, Hyundai, Mahindra, Maruti, Mitsubishi, Tata Motors, Toyota, Volvo and Volkswagen, will be taking part in the show, with over 100 models of cars and bikes.

Yamaha Sports bike displays during ‘Hyderabad International Auto Show 2009’ presented by Vista Entertainments in association with Hyderabad International Convention Centre (HICC) and Federation of Automobile Dealers Association in Hyderabad on Friday, 17 July 2009. The three-day event will display Audi, BMW, Ford, General Motors, Honda, Hyundai, Mahindra, Maruti, Mitsubishi, Tata Motors, Toyota, Volvo and Volkswagen, will be taking part in the show, with over 100 models of cars and bikes.

Newly launched SL 63 AMG Mercedes-Benz car worth 1.7 crore displays during ‘Hyderabad International Auto Show 2009’ presented by Vista Entertainments in association with Hyderabad International Convention Centre (HICC) and Federation of Automobile Dealers Association in Hyderabad on Friday, 17 July 2009. The three-day event will display Audi, BMW, Ford, General Motors, Honda, Hyundai, Mahindra, Maruti, Mitsubishi, Tata Motors, Toyota, Volvo and Volkswagen, will be taking part in the show, with over 100 models of cars and bikes.

A woman passes through the Wolseley golfers Coupe of England with 1600cc engine made in 1915 displays during ‘Hyderabad International Auto Show 2009’ presented by Vista Entertainments in association with Hyderabad International Convention Centre (HICC) and Federation of Automobile Dealers Association in Hyderabad on Friday, 17 July 2009. The three-day event will display Audi, BMW, Ford, General Motors, Honda, Hyundai, Mahindra, Maruti, Mitsubishi, Tata Motors, Toyota, Volvo and Volkswagen, will be taking part in the show, with over 100 models of cars and bikes.

Vice President of General Motors India Ankush Arora and President-Managing Director Karl Slym pose for the photographers during the launch of LPG model in Chevrolet Spark in Hyderabad, 11 June 2009.

Vice President of General Motors India Ankush Arora and President-Managing Director Karl Slym pose for the photographers during the launch of LPG model in Chevrolet Spark in Hyderabad, 11 June 2009.

Vice President of General Motors India Ankush Arora and President-Managing Director Karl Slym pose for the photographers during the launch of LPG model in Chevrolet Spark in Mumbai on Tuesday, 09 June 2009.