Home Exclusive - GM set to storm India as Korea costs climb
 

Keywords :   


Exclusive - GM set to storm India as Korea costs climb

2015-05-04 01:52:26| Automakers - Topix.net

General Motors aims to grab at least 5 percent market share in India within the next decade, as it sees that market overtaking Japan as the world's third biggest with projected annual sales of 8 million vehicles by 2025. The Detroit carmaker, which is losing money in India even after 18 years there, will unleash a product blitz aimed at reviving sagging sales, and will make India a new global manufacturing and export hub, taking some of the strain off South Korea, where labour costs have ballooned in recent years.

Tags: set costs india korea

Category:Automotive

Latest from this category

All news

»
28.11
28.11MF MFsoftbord twintown
28.11T800
28.11162
28.112 117
28.112CD+DVD
28.114
28.11Nike Iowa 90s
More »