Great Wall Motors plans to acquire General Motor India's Talegaon manufacturing facility.
Auto Business News-January 20, 2020--Great Wall Motors plans to acquire General Motor India's Talegaon manufacturing facility
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Auto Business News - 20 January 2020
Great Wall Motors, a China-based automaker, is planning to acquire United States-based General Motor India's Talegaon manufacturing facility.
The deal is subject to requisite government and regulatory approvals.
This move will result in General Motors completely halting its manufacturing operations in India, having stopped sales in the domestic market in December 2017. According to a binding term sheet, the GM India legal entity...
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