It looks like GM will finally exit India.
An independent mediator will attempt to resolve the deadlock.
The deal is now officially dead.
A deal several years in the making.
Production ended in December of 2020.
A local labor union wants to see jobs at the plant transferred to the new owners.
Brought on by COVID-19 and an ongoing border conflict.
State government puts the brakes on Chinese investment following border violence.
It is believed to have sold the facility for $250 million to $300 million.
The General will end manufacturing at the plant at the end of April.
Workers will receive staggered raises over the timeframe of the contract.
The plant was initially slated for closure in mid-2016.
The automaker is shaking up production in India.
3,000 Chevrolet Beats are incoming, Mexico.
GM continues to turn India into its export mecca.
The Talegaon facility shipped out its first 140 Chevy Beat city cars, with possibly more exporting destinations to come.
GM is looking to ramp up production in India.
General Motors is maintaining eco-friendly work environments around the world.
The investment will be used towards increasing the production capacity for both plants.
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