General Motors is cutting its losses in India and pulling the US$1bn investment promised just two years ago. The confirmation comes in the form of a ‘key restructuring’ announcement in which GM outlined plans to focus its Indian production operations exclusively on export….
Pragmatic market withdrawals challenge ‘global’ status claims
Chevrolet is about to disappear from two more key markets as GM refocuses funding to more promising regions. By Megan Lampinen