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Great Wall Motors Deal For GM's Talegaon Plant Could Fall Through: Report
GWM had originally signed an agreement with GM India for the acquisition of the Talegaon plant in January 2020, though the deal has been held up ever since.
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General Motors Faces Unexpected Bills As India-China Tensions Delay Sale Of India Plant: Report
Delays to General Motors' sale of its Indian plant to Great Wall Motor due to tensions between India and China are likely to result in hefty unplanned costs for the U.S. automaker, people familiar with the matter said.
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China's Great Wall Motor Agrees To Buy General Motors' India Plant
Great Wall Motor has agreed to buy General Motors' (GM) car plant in India, the companies said on Friday, as the Chinese automaker expands overseas amid slowing domestic demand.
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General Motors Dealers Not Happy With Separation Package; Will Approach PMO
The Federation of Automobile Dealers (FADA) has sent a counter-agreement to General Motors India after the separation package that they announced for the dealers was rejected. FADA hopes to hear from GM soon and has also approached the PMO and other ministries to help settle the matter.
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General Motors Starts Exporting Chevrolet Beat Sedan To Latin America From India
American carmaker General Motors today started exporting the all new Chevrolet Beat sedan from Indian to Latin America. The company today loaded a consignment of 1,200 Chevrolet Beat sedans for shipping, following the start of production on June 5, 2017.
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GM India Dealers To Meet Over 'Measly' Compensation Issue
Around 20-25 major dealers of the company, with many of them running multiple dealerships across the country, will take part in the meeting.
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Almost All GM Employees In India Accept Voluntary Seperation
General Motors had decided to stop selling vehicles in India by the end of the year.
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How Could General Motors Lose Its Way So Badly In India?
Sure, businesses do fail, and indeed GM India has also been through a bankruptcy in the past as well. But the fact that a once-promising and growing business has been reduced to this decision is really something.
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General Motors To Lay Off 400 Employees In India
According to a source at the company, around 400 employees will be relieved off their duty and there will be a generous separation package given to them. This effectively means that GM India will be asking 8 per cent of its work force here to leave the company and that's a big number.
-
General Motors To Stop Selling Cars In India By End Of 2017, But Not Pulling Out
The decision was announced as part of a series of restructuring actions from the Detroit automaker on Thursday, and marks a significant blow to India's strategy of encouraging domestic manufacturing. GM says it would no longer market its Chevrolet brand - its only brand of cars marketed in India - despite India's promise as a market set to overtake...
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General Motors To Consider Fresh VRS Applications From Defunct Halol Plant Workers
GM has announced that they will officially re-open the deadline to submit VRS requests. This move is so that certain employees that do not wish to move to the Talegaon facility could avail of the VRS packages that were initially offered for a very specific time period. Although General Motors will once again open the window to apply for the VRS pac...
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General Motors Ceases Operations At Halol Facility
General Motors India has finally stopped operations at its Halol facility in Gujarat. The automaker had announced its decision to stop operations at in 2015 and was initially scheduled to stop operations in March 2017. But the company extended the deadline to ensure orderly transition for employees, suppliers and stakeholders.
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SAIC Refutes Signing Agreement With General Motors To Purchase Halol Plant
China's automaker SAIC Motor Corp. has refuted signing of any agreement with General Motors over its Halol car manufacturing plant.
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GM India Signs Three Year Wage Agreement At Talegaon Plant
GM India has has signed a new three-year wage agreement with the General Motors Employees union at its Talegaon facility in Maharashtra.
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General Motors India To Shut Halol Plant By April 2017
General Motors' plant in Halol, Gujarat, was its first in India and it was in July 2016 that the company announced that this plant will be shut down by mid-2016. However, it was in July 2016, that the company extended this deadline to March 2017 and now according to reports in The Times Of India, General Motors is set to shut down the Halol plant i...
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Great Wall Motors Deal For GM's Talegaon Plant Could Fall Through: Report
GWM had originally signed an agreement with GM India for the acquisition of the Talegaon plant in January 2020, though the deal has been held up ever since.
-
General Motors Faces Unexpected Bills As India-China Tensions Delay Sale Of India Plant: Report
Delays to General Motors' sale of its Indian plant to Great Wall Motor due to tensions between India and China are likely to result in hefty unplanned costs for the U.S. automaker, people familiar with the matter said.
-
China's Great Wall Motor Agrees To Buy General Motors' India Plant
Great Wall Motor has agreed to buy General Motors' (GM) car plant in India, the companies said on Friday, as the Chinese automaker expands overseas amid slowing domestic demand.
-
General Motors Dealers Not Happy With Separation Package; Will Approach PMO
The Federation of Automobile Dealers (FADA) has sent a counter-agreement to General Motors India after the separation package that they announced for the dealers was rejected. FADA hopes to hear from GM soon and has also approached the PMO and other ministries to help settle the matter.
-
General Motors Starts Exporting Chevrolet Beat Sedan To Latin America From India
American carmaker General Motors today started exporting the all new Chevrolet Beat sedan from Indian to Latin America. The company today loaded a consignment of 1,200 Chevrolet Beat sedans for shipping, following the start of production on June 5, 2017.
-
GM India Dealers To Meet Over 'Measly' Compensation Issue
Around 20-25 major dealers of the company, with many of them running multiple dealerships across the country, will take part in the meeting.
-
Almost All GM Employees In India Accept Voluntary Seperation
General Motors had decided to stop selling vehicles in India by the end of the year.
-
How Could General Motors Lose Its Way So Badly In India?
Sure, businesses do fail, and indeed GM India has also been through a bankruptcy in the past as well. But the fact that a once-promising and growing business has been reduced to this decision is really something.
-
General Motors To Lay Off 400 Employees In India
According to a source at the company, around 400 employees will be relieved off their duty and there will be a generous separation package given to them. This effectively means that GM India will be asking 8 per cent of its work force here to leave the company and that's a big number.
-
General Motors To Stop Selling Cars In India By End Of 2017, But Not Pulling Out
The decision was announced as part of a series of restructuring actions from the Detroit automaker on Thursday, and marks a significant blow to India's strategy of encouraging domestic manufacturing. GM says it would no longer market its Chevrolet brand - its only brand of cars marketed in India - despite India's promise as a market set to overtake...
-
General Motors To Consider Fresh VRS Applications From Defunct Halol Plant Workers
GM has announced that they will officially re-open the deadline to submit VRS requests. This move is so that certain employees that do not wish to move to the Talegaon facility could avail of the VRS packages that were initially offered for a very specific time period. Although General Motors will once again open the window to apply for the VRS pac...
-
General Motors Ceases Operations At Halol Facility
General Motors India has finally stopped operations at its Halol facility in Gujarat. The automaker had announced its decision to stop operations at in 2015 and was initially scheduled to stop operations in March 2017. But the company extended the deadline to ensure orderly transition for employees, suppliers and stakeholders.
-
SAIC Refutes Signing Agreement With General Motors To Purchase Halol Plant
China's automaker SAIC Motor Corp. has refuted signing of any agreement with General Motors over its Halol car manufacturing plant.
-
GM India Signs Three Year Wage Agreement At Talegaon Plant
GM India has has signed a new three-year wage agreement with the General Motors Employees union at its Talegaon facility in Maharashtra.
-
General Motors India To Shut Halol Plant By April 2017
General Motors' plant in Halol, Gujarat, was its first in India and it was in July 2016 that the company announced that this plant will be shut down by mid-2016. However, it was in July 2016, that the company extended this deadline to March 2017 and now according to reports in The Times Of India, General Motors is set to shut down the Halol plant i...
