NEW DELHI, May 19 (Reuters) - General Motors Corp , the world's largest auto maker, said on Wednesday it was continuing due diligence to buy Daewoo India's shut car plant and hopes to clinch a deal in the next one to three months. "May be a month might to be too optimistic but I will be disappointed if it is more than three months," D. Nick Reilly, Chief Executive Officer, GM Daewoo Auto & Technology Co., told reporters.
Premium Content (PAID Subscription Required)
"GM hopes to clinch Daewoo India deal in 1-3 months" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.