Manufacturing

GM quits, but India remains a battleground

GM CEO Mary Barra rolls out a Chevy Beat in 2014. GM's India pessimism seems to be a result of missteps.
June 05, 2017 05:00 AM
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India market share
Automakers' share of India light-vehicle sales in 2016
Suzuki41%
Hyundai14.7
Mahindra & Mahindra12.5
Tata9.5
Renault-Nissan5.4
Ford2.4
General Motors0.9
Source: IHS Markit, Ford
GLOBAL_170609879_V2_-1_YAPOLVPNYBLW.jpg ?You can expect that what happened in China ... is going to happen in India,? said Carlos Ghosn, chairman of the Renault-Nissan Alliance. Nissan India inaugurated a new dealership in Bengaluru, India, in December, above.

DETROIT — General Motors executives say they decided to end sales in India because they no longer saw a path to decent profits. But their pessimism about the world's second-most-populous country is more a product of GM's own missteps in India over more than two decades than the market's prospects.

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