|Chennai||Rs. 27770.00 (0.07%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
: General Motors Co. and its Chinese partners launched a second plant to make cars for discount brand Baojun, ratcheting up the battle for customers at the fast-growing lower end of the world's biggest auto market.
NOT-SO-SHOCKING STICKER: The first car to roll off the plant's production line was a Baojun 630 midsize sedan. It sells for about 63,000 yuan ($10,100).
CHEAP WHEELS: In September, Nissan unveiled a second model of its low-priced Chinese brand Venucia, a compact hatchback that will sell for as little as 67,800 yuan ($10,760). Honda has also launched a budget brand.