Tag: Great Wall Motor

Hyundai signs terms sheet to acquire General Motors’ Talegaon plant

Hyundai signs terms sheet to acquire General Motors’ Talegaon plant

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Representational image only. | Photo Credit: AP Hyundai Motor India Limited (HMIL), said on March 13 that it has signed a ‘Term Sheet’ for the potential acquisition of identified assets related to General Motors India, Talegaon Plant, Maharashtra.  The Term Sheet covers the proposed acquisition of Land & Buildings and Certain machinery and equipment for manufacturing situated […]

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China’s Great Wall Motor shelves billion India plan, fires all employees

China’s Great Wall Motor shelves $1 billion India plan, fires all employees

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Chinese automaker Great Wall Motor has been planning to enter the Indian market since 2020 but now becomes one of the biggest casualties of New Delhi’s increased scrutiny of investments from Beijing. Chinese automaker Great Wall Motor has been planning to enter the Indian market since 2020 but now becomes one of the biggest casualties […]

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