Good days ahead

General Motors emerges from bankruptcy

Following the completion of its Chapter 11 bankruptcy process in the U.S., the so called New GM has emerged from the reorganisation with only the productive assets of the earlier company. These include the entire Indian and Asia-Pacific operations of the company, which are seen as a vital part of the future growth of the company.

This process is expected to help make the company more cost-competitive in the future, as well as giving it the resources to invest in new products and technologies.

“GM will continue to remain aggressive in India in order to take advantage of opportunities as they arise. Our goal is to continue to provide the best cars to our customers across the country while taking advantage of the extensive global resources offered by the new General Motors Company,” said Karl Slym, president and managing director, GM India.

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