Sunday, December 20, 2020

China tensions trip General Motors unit sale

General Motors will shut down its last factory in India a day before Christmas, the fallout of raging tension between India and China. GM wanted to sell its Maharashtra factory to Great Wall Motors, China’s largest SUV maker, for over Rs 2,000 crore, but India has not cleared the deal.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2WA3Dk6

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