Published 1 year ago

Hyundai Motor's India unit to buy plant from General Motors

Summary by Ground News

The Indian arm of Hyundai Motor Co (005380.KS) said on Monday it had signed a term sheet to buy General Motors Co's (GM.N) plant. The term sheet covers proposed acquisition of land and buildings, certain machinery and equipment for manufacturing at the plant.

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News18 India

Hyundai Motor India to Acquire General Motors' Talegaon Plant in Maharashtra

Hyundai Motor India with a view to have a second automobile plant in India signed a term sheet for the potential acquisition of identified assets of the plant

1 year ago·India

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The Hindu

Hyundai signs terms sheet to acquire General Motors’ Talegaon plant

The Term Sheet covers the proposed acquisition of Land & Buildings and Certain machinery and equipment for manufacturing situated at General Motors India, Talegaon Plant.

1 year ago·India

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Reuters

Hyundai Motor's India unit to buy plant from General Motors

The Indian arm of Hyundai Motor Co said on Monday it had signed a term sheet to buy General Motors Co's plant in the western state of Maharashtra.

1 year ago·United Kingdom

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Indian Express

Hyundai inks pact to acquire General Motors India’s Talegaon manufacturing facility

Hyundai has inked a "term sheet" for the potential acquisition of identified assets related to the Maharashtra-based facility, the country's second largest carmaker said.

1 year ago·India

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India Today

Hyundai to acquire General Motors' Talegaon manufacturing facility

The Korean major is expanding its footprint in India, and aims to expand its production capacity to close the gap between Maruti Suzuki and Tata Motors.

1 year ago·India

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