General Motors India has announced that they will stop selling their cars in the Indian market.
General Motors India just recently announced that they will stop selling their products in India and will by the end of the year completely phase out the Chevrolet brand from the Indian market.
GM India announced that the decision to stop their sales is part of a series of action taken by General motors to enhance their sales performances in the worldwide market by concentrating sales on only key markets across the globe. However General Motors India did make it clear that they will still keep open the customer support centres for warranty and services, including the ongoing services and spare parts requirement.
GM never had a strong foothold in the Indian automotive sector, with a weak line-up of models available. The sales since the past one year also reduced drastically as well as the company’s market share. Interestingly though, during the same period where the domestic market was failing GM’s export market from India grew by 89 percent.
General Motors India currently has two assembly plants in India one being the Halol assembly plant, while the second being the Talegaon Assembly plant. GM already ceased production at their Halol plant since April this year, while they plan to continue production in the Talegaon plant exclusively for the export market, while also looking at long-term strategic options.
Both Halol and Talegaon plants had a production capacity of a 130,000 and 160,000 units respectively. Halol was the first assembly plant of General Motors India which started back in 1996 with the production of Opel cars and later shifting to Chevrolet assembly.
General Motors has decided that apart from India it will also stop sales and phase out the Chevrolet brand from countries in East and South Africa by transitioning the sales to Isuzu Motors.