Chevrolet announces price cut for Sail U-VA

Chevrolet has slashed prices for the Sail U-VA hatchback. The hatchback's earlier starting price of ₹4.44 lakh (ex-showroom, Thane) for the base 1.2-litre petrol variant has now been revised to ₹4.19 lakh for all models produced in 2013. There is also an additional discount of ₹3,000 being offered for all corporates on models produced this year. Also, 2012 models of the U-VA are being offered with an additional discount of ₹25,000 on both petrol and diesel variants, bringing the starting price down to ₹3.94 lakh. Since its launch in November, 2012, the Sail U-VA's sales have consistently been sliding, with the hatchback hitting a peak of 1,595 units sold in November, 2012. That figure slid to a paltry 560 units sold in February, 2013. The Sail U-VA is the first model in India from the GM-SAIC joint venture, and is powered by a 79bhp 1.2-litre petrol engine and a 1.3-litre Fiat-sourced diesel motor.

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