GM warns Maharashtra's move to block its exit could hit investment

FILE PHOTO: The General Motors Co. headquarters is seen in Detroit, Michigan, U.S., January 13, 2019. REUTERS/Brendan McDermid/File Photo

GM’s comments came after authorities in Maharashtra earlier this week rejected the automaker’s application to cease operations at its plant in the western Indian state amid protests by workers who demanded GM continue production or keep them on the payroll indefinitely, according to local media. GM stopped selling cars in India, the world’s second most populous nation, at the end of 2017 after years of low sales. It sold one of its two factories in the country to China’s SAIC Motor Corp and continued to build vehicles for export at its second plant until Dec. 24.

Laughing

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen