GM India Operations Remain Unaffected

Wednesday 03 June 2009, 00:00 AM by Satish Kalepu

An official statement from General Motors India stated that it is business as usual in the company and the Indian subsidiary company is not affected by the bankruptcy filing by the parent company.

“We are committed to ensuring that our customers continue to receive a top-notch sales, service, spare parts and warranty coverage experience. Our dealers will also continue to receive all our carlines, while our suppliers will continue to work with us to supply parts and components for our cars, which we will continue to build at our state-of-the-art Talegaon and Halol facilities, in the normal course of business. We have no intention to modify our product, brand or other business plans including new product launches, the all new Chevrolet Cruze from our mother plant in Halol and an all new Chevrolet mini car from our new state of the art plant at Talegaon,” said Mr. Karl Slym, President and Managing Director, General Motors India.

However, there have been some reports stating that some of the business operations for those associated with the parent company will be affected. There will be “small” but “significant” effect on the service providers in India. "The immediate impact would be delayed payments, followed by slowly ramping down of existing projects while retaining only the ones that are mission critical", Karthik Ananth, Engagement Manager, Zinnov Management, a leading management consulting firm, said.