Three months after General Motors and its China partner SAIC Motor signed a deal to form a 50:50 joint venture for the Indian market, individuals representing SAIC will join the GM India team today.
Three people from SAIC, China's largest automaker, including a member of the senior management will join GM India. They will not be reporting to Karl Slym, President and Managing Director of GM India. Instead, they will report directly to the Joint Venture directors, who we assume work out of the China office.
By the end of 2011, SAIC-GM will bring out commercial vehicles to counter the massive hits Maruti Suzuki Omni and Tata Ace mini truck. GM also plans to launch SAIC's micro car in the Indian market in the next few years that will cater to the entry-level segment buyer.
GM India plans to put in place an exclusive distribution network for the vans and trucks though it may sell the micro car out of its passenger car dealer network.
Source - Gasgoo