GM won’t be producing a single car for the Indian market from May and could exit the country soon.
General Motors could soon pack up and leave India as the American automaker hasn’t found success in the sub-continent. The Corvette maker managed to sell just 1318 units last month and although it announced models like the next generation Beat and Essentia compact sedans at last year’s Auto Expo, the poor sales of its existing cars could mean the end of the road for the third biggest car maker in the world.
Domestic sales could stop as soon as May with an official announcement from the company likely in the next few days. Meanwhile, the plant will continue to produce cars for the export markets. Production of the Cruze was halted last month while manufacturing of the Tavera will cease by the end of this month as GM halts its Halol plant.
Meanwhile, at GM’s Talegaon plant, only the left hand drive version of the Chevrolet Beat is being produced for exports to Mexico. GM denied any such plans for obvious reasons and the company will shut shop in a phased manner due to dealers and customers being affected by their decision. GM’s global investments have been frozen and production of most of the cars has been stopped in India. The automaker is in talks to sell its Halol plant to Chinese partner SAIC which is planning an India foray soon.
GM India Operations
– GM has been facing a tough time with car sales since the past few years
– The company announced new cars for India at the 2016 Auto Expo
– Production at the Halol plant has been shut