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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


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...

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