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GM puts India investments on hold over sluggish sales

GM puts India investments on hold over sluggish sales

Saturday, March 18, 2017, 7:20 AM

General Motors has put investment plans in India "on hold" as the US auto major struggles to make business case due to constantly declining sales, low production and a portfolio that will shrink to just one model from May. General Motors is carrying out thorough review of its India business and potential partnership with PSA Group is being seen as one of the options.
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