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If GM goes bankrupt what is likely to happen to their subsidaries in India. Is is advisable to considwr buying a chevrolet at this point of time?

By Anmol on May 28, 2009

Answers

  • My friend, do not worry, there won't be any problems to the Indian subsidiary because they are self sufficient and do not depend on finance from their US subsidiary, also being bankrupt does not mean GM will shut down, they will continue at a smaller pace.

    GM is preparing to use India, as their global sourcing hub for car parts. I hope that convinces you that they are not going to shut shop in India
    So don't worry just go ahead with your purchase.


    Answer by Ashvin on May 28, 2009

  • Expert GM has released information on the bankruptcy. Please read:
    http://www.cartrade.com/car-bike-news/normal-operations-for-gm-india-even-as-gm-north-america%92s-reinvention-accelerates-111119.html

    Answer by Shiva Shankar on Jun 4, 2009

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