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    Thread: GM to Stop Selling Cars in Indian market

    1. #31

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      laxminarayanans's Avatar
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      Quote Originally Posted by rksingh1 View Post
      Sorry, you're right. They are Japs, but there presence has been very specific to Japan / US / Canada / Philippines and somewhat limited UK.
      I understand what you are saying. Infact, I think the reason for your initial message is that, it is actually known as Subaru of Americas in those regions.
      http://en.wikipedia.org/wiki/Subaru_of_America

    2. #32

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      Quote Originally Posted by Nomad View Post
      Comments were only w.r.t. India market as one of those Non American Market. Of course, In India as well, FORD is slightly better than GM.
      I think Ford had exited Japan sometime last year. Not sure if Chevy is still trying out in Japanese market or had made the exit sometime in past. Though Japan is a different market as compare to India, American auto companies might have a penchant of exiting, without trying too hard.
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    3. #33
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      Quote Originally Posted by Jack Sparrow View Post
      Co-incidentally PM Modi is on trip of America and first plant of the American auto manufacturer was set in Halol, Gujarat where PM Modi had been elected CM for three terms. The Halol plant was also the first to stop manufacturing operations in India.

      Now the latest news coming is that GM dealers will held protest at Jantar Mantar at Delhi on Tuesday.

      "A majority of General Motors’ 96 dealers, which operate around 140 showrooms across India, are unhappy with the company’s offer of just around [u]12% of total investments]/u] they have made, as compensation.

      As per the conditions set by General Motors, a dealer who does not accept its offer by 15 July would only get 50% of the compensation amount being offered. In case a dealer does not accept the offer by 15 September, he would not get any compensation at all.

      In 2015, the company had announced an investment of $1 billion in India to enhance manufacturing operations and roll out 10 locally-produced models over the next five years. In January this year, the American firm put on hold its investments on new models for India as it undertook a full review of its future product portfolio in the country."


      General Motors dealers to stage dharna at Jantar Mantar tomorrow - Livemint
      It is sad that 15K -30K people are going to loose their job

    4. #34

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      There are rumours that SAIC, which acquired gm plant has offered dealership offer to gm dealers.

    5. #35
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      Quote Originally Posted by sparkls View Post
      There are rumours that SAIC, which acquired gm plant has offered dealership offer to gm dealers.
      Also heard that talks are going on with Mahindra for after sales service of existing GM vehicles.

    6. #36

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      Quote Originally Posted by Jack Sparrow View Post
      Also heard that talks are going on with Mahindra for after sales service of existing GM vehicles.
      You heard it right...serious talks are going on between GM and Mahindra. i guess we will get to know the final verdict pretty soon.
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    7. #37

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      GM starts exporting Chevrolet Beat from Talegaon unit to Latin America .


      http://www.business-standard.com/art...2600284_1.html

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