GM to pull out of India market, sell South Africa plant

A General Motors showroom in Pune, India, in 2010. It has become increasingly expensive for GM to compete in emerging markets outside of China. GM sold just 49,000 vehicles in India and South Africa combined last year. (REUTERS)

By:

Joseph White

May 18, 2017 05:00 AM

DETROIT -- General Motors plans to quit selling vehicles in India by the end of this year and will sell operations in South Africa, the latest steps in a strategy of focusing cash and engineering effort on fewer, more profitable markets.

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