Articles tagged under: General Motors
April 29, 2017
Vadodara: More than 1600 employees of General Motors India car manufacturing plant at Halol in Central Gujarat are now unemployed due to closure of car plant on permanent basis. The car plant which was operating at Halol since 1999 shut down due to shrinking market share and labour problems. There are more than two dozen ancillary units that employ around 5,500 labourers. There's all possibility that these labourers will also lose jobs. Some of these units are planning to shift to Sanand, whil...Read More
April 28, 2017
Vadodara: After producing 1.2 million cars here, General Motors(GM) India is today shutting down its plant permanently at Halol in Central Gujarat.
General Motors had purchased Halol plant from Hindustan Motors in 1990s. Halol plant had first produced Opel Astra car in 1996. On the last day of this plant which is today, the company is going to manufacture 72 cars. The plant has annual capacity to manufacture 1,27,000 cars.
There are two reasons for winding up the operation at Halol. One ...Read More
March 04, 2017
Vadodara: American car manufacturer General Motors will shut down its plant at Halol in Central Gujarat on 31st of March. The company has conveyed this to State government. Negotiations are on for takeover of this plant by Shanghai Automotive Industries Corporation(SAIC) but without existing staff. SAIC is likely to purchase the plant under the brand name of MG Motors India Ltd. The new company will have two Indian and four Chinese directors including former CEO of General Motors China Mr. Rajiv...Read More
January 13, 2017
Vadodara: Employees at General Motors Halol plant are given one-week holiday. It is believed that the company has announced one-week holiday for cost cutting and also for a reason that there's no inventory as of now. The new schedule is likely to be announced on Monday.
A subsidiary of China's top carmaker SAIC Motor Corp plans to acquire certain General Motors manufacturing assets in India, a filing with the country's competition watchdog showed. The assets, which could give the Chinese aut...Read More
June 24, 2016
Vadodara: Kaher Kazem, General Motors India President and Managing Director visited company's Halol based car manufacturing plant on Wednesday and made announcement that the plant will continue to be functional till March 2017. Earlier the company had announced that plant would be functional only upto August this year.
Kazem's announcement brought cheers among labourers and vendors. Kazem held meeting with labourers and heard them.
The Halol plant at present manufactures Tavera car. ...Read More
July 30, 2015
The Maharashtra government today said that automobile giant General Motors has decided to invest Rs 6,400 crore for the expansion of its existing plant in Pune and close down its project in the neighbouring Gujarat state.
Industries Minister Subhash Desai, while replying to a debate on the state's industrial development policy during the Question Hour in the Assembly, said Maharashtra is the country's most favoured destination.
"The latest investment of Rs 6,400 crore by the comp...Read More
July 30, 2015
US automaker General Motors has lined up an investment of Rs 6,400 crore and plans to roll out 10 new models from its plant in Maharashtra, state's Chief Minister Devendra Fadnavis said here today.
"We expect production will commence in two years," the minister told PTI at Vidhan Bhawan.
The models will be aimed at domestic as well as export markets, Fadnavis said, after meeting top officials of the company in Vidhan Bhawan here this afternoon.
The General Motors delegation co...Read More
July 29, 2015
General Motors India will shut down its car manufacturing plant at Halol in central Gujarat by the second half of 2016. The plant has 1,27,000 units per annum capacity as per General Motors India website.
General Motors president Dan Ammann made this announcement.
The company today also announced that it will invest a $ 1 billion investment in India to revive its business with 10 new models in 5 years, but all this investment will be made at its Talegaon plant, near Pune.
December 08, 2014
New Delhi, 8 December 2014
Automobile manufacturer General Motors Monday said it will increase product prices by one percent across all categories from Jan 1.
“We have decided to increase the price of all car models to the tune of one percent with effect from Jan 1 due to input cost pressure," said P. Balendran, vice president, General Motors India.
The quantum of price increase will range from Rs.5,000 to Rs.20,000 depending upon the vehicle model.
January 11, 2013
Gandhinagar, 11 January 2013
Speaking at the Vibrant Gujarat Global Summit 2013′s inaugural function, Lowell Paddock, CEO of General Motors India Private Limited said his company’s Gujarat experience has been extremely good. Poddock in his short speech said, Gujarat's infrastructure, power and labour support are three reasons that contribute to GM's growth story.
"Number one is infrastructure. When we first came here it took us nearly four hours to get from Baroda to our...Read More
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