The deal with Hyundai Motor will allow General Motors to finally exit the Indian market after years of dwindling sales South Korean automaker Hyundai Motor announced on Wednesday that it will buy a plant owned by General Motors in the Indian state of Maharashtra. Hyundai, India’s second-biggest carmaker by sales, is planning to reach an annual cumulative production capacity of 1 million units through its plants in the town of Sriperumbudur, Tamil Nadu, and General Motors’ Talegaon plant in Maharashtra. The agreement covers the acquisition and assignment of land and buildings along with certain machinery and man
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