Investments will be put on hold until GM India fixes on its product portfolio plan
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General Motors India has reportedly put an indefinite halt on all its investment plans for future models as it prepares to do a full review of its vehicle line-up here. This, despite the fact that in 2015, the company had said that it would invest USD 1 billion in India to improve operations and produce 10-locally manufactured models. While making this announcement, the CEO of General Motors, Mary Barra, said that it would strengthen its foothold in India, China, Brazil and Mexico through vehicles based on a new line of vehicles based on the…
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