Even though GM' economic trouble may be putting a number of its development plans on hold for now, an announcement from the European Executive Director of Chevrolet establishes that the forthcoming Chevrolet Cruze will stay on schedule for its inauguration in just a few months in European dealerships.
Anticipated to be introduced in Europe in April, the fresh Cruze is estimated to sell between 20,000 and 25,000 units in its initial year. Although sales are essential for the midsized Cruze, even more essential is to move the significant market of Europe toward the Chevrolet brand all together, and to aid it to attain the success that Ford experienced there.
The small and economical cars by Ford have been popular in Europe and in spite of the global financial downturn Ford of Europe is anticipated to be making profits both this year and the following year, according to Automotive News.
In the meantime, the new Cruze has already been inaugurated in South Korea but will have to wait for quite some time until it reaches North America.
he vehicle was set to go on sale in North America in the middle of 2010 as a substitute for the Chevrolet Cobalt, nevertheless sources at GM are pointing to the company's present cash problems as a factor that will cause delaying it further until 2011 at the soonest.
The Cruze of the European market will be produced in South Korea at the GM's Daewoo center and then sent overseas to the European outlet, while the models for North American and Russia will be locally built.