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General Motors faces unexpected bill due to India-China tension

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  He said that it is expected to take a long time to get the approval of the Indian government for China-related deals and that although sales should still be at some point, GM has not changed its plan to start operating the plant next month .  General Motors' delay in selling its Indian plant to Great Wall Motor is likely to result in heavy unplanned costs for the American automaker due to tensions between India and China, people familiar with the matter said. He said that it is expected to take a long time to get the approval of the Indian government for China-related deals and that although sales should still be at some point, GM has not changed its plan to start operating the plant next month . "By next year, it will either be a closed GM site or it will be an operating site along the Great Wall," a source said. GM had planned to use the expected sales income of $ 250 million- $ 300 million to pay off liabilities with the exit from manufacturing in India, which anothe

Great Wall Motors India Flew Amidst Coronavirus Blues: The Chinese Automobile Manufacturer

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Great Wall Motors India Flew Amidst Coronavirus Blues: The Chinese Automobile Manufacturer GWM ( Great Wall Motors India ) is the second Chinese automaker to be serious for India, after MG Motor India, which is flexing muscles by building a team of professional automotive experts as it scales operations and delivers its new- Launches the old SUV portfolio under handover. After badges and long-distance EV hatchbacks It is very proud of the Chinese and their heritage. Unlike some peers who claim to be British and promote the same heritage, GWM ( Great Wall Motors ) is quietly but the best brains from the industry to team up for the scheduled launch of their next year's Famous SUV. The team led by industry stalwart Hardeep Navid has gained deep insight into operations and has hired board members to run critical operations from its head office in Gurugram across Haryana and its newly acquired plant at Tatgaon in Maharashtra Is working with General Motors (GM). India GWM ( Great

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