RAYONG province, Thailand -- General Motors Corp. is interested in buying the Indian government’s half of Maruti Udyog Ltd. but is not in discussions right now, GM Asia/Pacific officials say. Part of the problem is that GM needs more detail before pursuing shares in the $1.3 billion Maruti that is 50% owned by Suzuki Motor Corp., an Alliance partner with GM. Key questions remain, says Basil Drossos, vice president-operations and India for GM Asia/Pacific. The government has said it ...
Premium Content (PAID Subscription Required)
"GM Waits for Indian Government to Act on Maruti Deal" 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.