You are here

GM close to selling one of India plants to China's SAIC: sources

Sale of facility will allow GM to consolidate, modernise manufacturing capability at its plant near Mumbai
Friday, January 20, 2017 - 05:50


AFTER an 18-month review, General Motors Co (GM) is nearer to resolving a raft of issues that have hobbled its US$1 billion strategy for India, one of the fastest-growing emerging markets for cars.

The strategy, announced in July 2015, includes selling one of its two Indian

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom