Hyundai to buy General Motors’ Talegaon facility
New Delhi, March 13 Hyundai Motor India on Monday said it has inked a term sheet to potentially acquire land, buildings and certain manufacturing equipment at General Motors India’s Talegaon-based manufacturing plant. The term sheet covers the proposed acquisition of...
Updated At : 12:31 PM Mar 14, 2023 IST
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New Delhi, March 13
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Hyundai Motor India on Monday said it has inked a term sheet to potentially acquire land, buildings and certain manufacturing equipment at General Motors India’s Talegaon-based manufacturing plant.
The term sheet covers the proposed acquisition of land and buildings and certain machinery and manufacturing equipment at the Talegaon plant, it added.
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General Motors stopped selling cars in India from 2017-end, as part of its global restructuring actions.
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