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GM to launch new small car in India in 2009

MUMBAI
Thu Aug 28, 2008 4:05am EDT

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MUMBAI (Reuters) - General Motors Corp GM.N plans to launch a new small car in India in the second half of 2009, but has no plans to take on Tata Motor's (TAMO.BO) low-cost Nano, its India head said on Thursday.

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It will be a global car meant primarily for emerging markets and will have design inputs from India, Karly Slym said on the sidelines of a news conference.

Annual passenger vehicle sales in India are forecast to expand to more than 2 million units by 2010, with small cars accounting for more than two-thirds of sales.

($1=43.7 rupees)

(Reporting by Rina Chandran; Editing by Ranjit Gangadharan)
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