General Motors Corp. has set a June 30 deadline for creditors and Indian government officials to settle tax issues regarding a former Daewoo Motor India Ltd. (DMIL) factory, or else GM will rescind its offer to buy the plant in Surajpur and consider other production possibilities in the country. GM offered to buy the shuttered factory over a year ago, and it is itching to use the facility to begin minicar production in India. Minicars are extremely popular in India, and GM lacks an entry ...
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