General Motors
plans to enter the lucrative compact sedan segment in India by launching a compact
sedan version of its Chevrolet hatchback. The project codenamed MCM will use
the Beat’s M300 platform, and the new car will not just be an added boot to the
Beat hatchback.
The compact
sedan segment was first started by Tata Motors by launching Indigo CS, soon
followed by Maruti with the new Dzire, Hyundai with the Grand i10 compact sedan
– Xcent and Honda with Amaze. Ford and Volkswagen also have plans to bring in a
compact sedan under 4 meter length mark.