GM scripts last lap of India journey, to cease manufacturing ops on Dec 24

The company rolled out the last model off its assembly line on October 31 for exports

The GM logo is seen at the General Motors Warren Transmission Operations Plant in Warren, Michigan. Photo: Reuters
Premium

In spite of straddling the market with multiple competitively priced models, GM was pushed to the fringes by the rivals from Japan and Korea. Photo: Reuters

Shally Seth Mohile Mumbai
General Motors India is scripting the last lap of its two decades old India journey. The Detroit based carmaker that had ceased the domestic business in 2017, is now in the process of winding up the skeletal operations at its facility in Talegaon near Pune.

“GM vehicle, powertrain and CKD (completely knocked down) production will cease at the Talegaon manufacturing facility on December 24, 2020,” said GM India spokesperson adding that GM has also submitted an application for the closure of the site. 

“It rolled out the last model off its assembly line on October 31 for exports,” said a person privy to the development. 

Also Read

Faced with declining sales, auto firms see room for growth via rent-a-car

In quest for greener vehicles don't scare away the existing auto investors

Auto firms kick-start Navratri with higher deliveries than last year

Kia Motors India aims to reach optimal capacity utilisation by 2022

Harley fails, Hyundai triumphs: India's auto market is unlike any other

Gulf travel ban imposed for 7-8 days, to hit Indian and West Asian airlines

Coal India's fuel allocation under spot e-auction rises 59% during Apr-Nov

Värde Partners, New Vernon's Rs 1,000-cr realty deal hits approval wall

Mahindra-owned SsangYong files for bankruptcy second time in 11 years

Most Indians would buy 5G ready phones, Oppo, Samsung preferred brands: CMR

First Published: Dec 21 2020 | 9:49 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com