NEW DELHI -- General Motors is poised to sell its Indian plant to Hyundai Motor, after a chill in relations between New Delhi and Beijing derailed a deal with a Chinese automaker first announced over three years ago.
Chinese rival Great Wall Motors had sought factory as foothold in growing market
Employees work inside the General Motors plant in Maharashtra, India, in this 2012 photo. The U.S. automaker has been producing cars for export at the facility in recent years. © Reuters
NEW DELHI -- General Motors is poised to sell its Indian plant to Hyundai Motor, after a chill in relations between New Delhi and Beijing derailed a deal with a Chinese automaker first announced over three years ago.