Jun 12, 2012
GMSA cuts Aveo, Spark Lite prices as it reorganises entry-level offeringBack
Africa|General Motors South Africa|Hatch|Motors|Safety|System|Africa|Korea|South Africa|Logistics|Motors|Passenger Car|Recommended Retail Price|Chevrolet Spark|Malcolm Gauld|Motors|Power|Aveo|Chevrolet Aveo|Motors|Mp3
© Reuse this
Both the Chevrolet Spark Lite and the Chevrolet Aveo are now the subject of price reductions, with immediate effect.
“General Motors is conscious of the difficulty faced by first-time vehicle buyers to access affordable new vehicles, especially those from popular brands,” says GMSA sales and marketing VP Malcolm Gauld.
“This latest realignment of prices and models in our entry-level A and B segments will significantly ease access to new vehicles with a proud brand heritage and a very high level of both safety and comfort specifications.”
The Spark Lite will, from now on, only be available with a one-litre engine, with the smaller 0.8-litre-engined model discontinued.
The price tag on the Spark Lite 1.0 LS is cut by 12.7%, or R12 500, to R86 200, including VAT. This is marginally above the previous asking price for the 0.8-litre model.
Buyers get a small Chevrolet that includes safety items such as anti-lock brakes and dual airbags, as well as air-conditioning and electric windows.
The Aveo hatch range is downsized from three variants to just one – the Chevrolet Aveo 1.6.
The recommended retail price of this model is now R117 300 including VAT, which is a saving of R19 100, or 14%.
The Aveo 1.6 Hatch is now the lowest-priced 1.6-litre passenger car in South Africa, says Gauld.
The price includes power steering, anti-lock brakes, driver’s side airbag, air conditioning, tilt-adjustable steering wheel and transponder key immobiliser system.
The Aveo sedan line-up remains unchanged with three variants, the Aveo 1.6, the Aveo 1.6 LS and the Aveo 1.6 LS A/T.
Again prices have been revised downwards with the Aveo sedan 1.6 now priced at R121 300 (down from R136 400), the Aveo sedan 1.6 LS manual positioned at R140 300 (down from R154 300) and the Aveo sedan 1.6 LS automatic priced at R152 300 (down from R166 400).
The Aveo sedan LS specification level includes a height-adjustable driver’s seat, dual airbags, power-operated front windows, central locking and a radio CD combination with MP3 compatibility and auxiliary input, notes Gauld.
“As with other models in the Chevrolet range, both the Spark Lite and the Aveo are covered by a five-year/120 000 km warranty with roadside assistance for the full warranty period.”
But why these price cuts now?
“Ever mindful of the financial pressures exerted by current global economic conditions we have worked together with our vehicle supply partners, General Motors, in Korea, where the Spark Lite and Aveo are built, to take cost out of vehicles in our entry-level range,” explains Gauld.
Edited by: Creamer Media Reporter© Reuse this Comment Guidelines (150 word limit)
Other Automotive News
Recent Research Reports
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
This Week's Magazine
South Africa remains an important manufacturing and export platform for Ford Motor Company, says executive chairperson Bill Ford. However, he adds that other countries on the continent are “becoming interesting”, and that the US carmaker is casting its net wider for...
Germany’s Max-Planck-Society (MPG) and the Max-Planck-Institute for Radio Astronomy (MPlfR) are investing €11-million (about R150-million) into South Africa’s MeerKAT radio telescope array programme. The money will be used to design, build and install S-band radio...
Infrastructure spend in sub-Saharan Africa will grow from $70-billion in 2013 to $180-billion by 2025, says PwC capital projects and infrastructure Africa leader Jonathan Cawood. This is one of the findings of PwC’s Capital Projects & Infrastructure report on East...
Private-owned defence and aerospace manufacturer Paramount Group and the Ichikowitz Family Foundation unveiled its Anti-Poaching Skills and K9 Training Academy in Magaliesburg last month.
The inclusion of Bluetooth to provide sub-three meter accuracy and heightened functionality for users is one of the ways to change existing wireless networks into engagement networks. An engagement network differs from common wireless networks in that it enables the...