Last Modified: Wed, Apr 05 2017. 03 26 PM IST

China’s SAIC Motor to buy factory in India from General Motors

China’s largest automaker SAIC Motor on Wednesday said it had signed a formal agreement to buy a General Motors factory in India

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Jake Spring
A file photo of a production line of General Motors India at Halol, 160 km from Ahmedabad. Photo: AFP
A file photo of a production line of General Motors India at Halol, 160 km from Ahmedabad. Photo: AFP

Beijing: China’s largest automaker SAIC Motor Corp Ltd on Wednesday said it had signed a formal agreement to buy a General Motors Co factory in India.

SAIC did not give further details in its filing with the Shanghai Stock Exchange. Reuters

Also Read: GM India faces challenge of offering Halol plant to SAIC without workers

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First Published: Wed, Apr 05 2017. 03 26 PM IST