GM files for Chapter 11. GM India not affected.

GM files for Chapter 11. GM India not affected.

GM India has clarified that they are not affected by the announcement that GM has filed for Chapter 11 in the USA.

The Indian subsidiary said that they are going to perform as per their own plans as they are not included in the bankruptcy protection.

Nick Reilly, GM Group Vice President and President of GM Asia Pacific had this to say: “We believe this step, which was taken with the support of the US government, is the most efficient and effective means for GM to quickly achieve a competitive and profitable future.”

Karl Slym, President and Managing Director, General Motors India added: “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.”