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General Motors to stop selling cars in India, manufacture for exports only

Says it would no longer market its Chevrolet brand - its only brand of cars marketed in India

Reuters  |  Beijing 

General Motors Co will stop selling cars in India from the end of this year, drawing a line under two decades of battling in one of the world's most competitive markets where it has less than a one per cent share of passenger car sales. 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 ...

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First Published: Thu, May 18 2017. 13:35 IST