With a share of 9.2 percent of the overall car exports from India, the U.S. became the third-biggest market for passenger vehicles (cars, utility vehicles, and vans) manufactured in India during the financial year that ended March 31, 2018. During this period, passenger car exports to the U.S. increased to...
GM to Ramp Up Component and Passenger Vehicle Shipments from India
Detroit, Michigan-based General Motors which stopped manufacturing passenger vehicles for sale in India, is looking to ramp up component exports from India even as it continues to add new global markets for vehicle shipments from the country. The company currently exports body panels and engines to Vietnam and Cambodia, and...
GM Commences Export of Sedans from India
General Motors shipped a consignment of 1,200 Chevrolet Beat sedans to markets in Latin America from its plant located in Talegaon, near the city of Pune, in India. Production of these autos started a year ago. Earlier this year, GM had exported Chevrolet Beat hatchbacks to the same markets. GM...
GM Makes India an Export Hub
While closing down sales of its automobiles in India, Michigan-based General Motors will continue making vehicles in India, primarily as an export hub for Mexico, Central America and South America. The company also plans to maintain its technical center, R&D facilities, and sourcing components. “As the industry continues to change,...
GM Will Invest $1 Billion in India
The Detroit car maker General Motors Co., said that it will invest $1 billion over the next few years to turn India into a global export hub. This investment will be part of a $5 billion commitment to develop a global family of Chevrolet vehicles along with Shanghai Automotive Industry...
Auto sales rise 31 percent in 2010, will continue at 15 percent or better in 2011
The Society of Indian Automobile Manufacturers (SIAM) reported that 2010 sales climbed to 1.87 million cars from 1.43 million in 2009, a breathtaking increasing of 31 percent. Car sales are projected to rise to 3 million units a year by 2016, according to SIAM. Growth will not be as high...