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Hyundai Motor To Buy Maharashtra Plant From General Motors

Hyundai Motor To Buy Maharashtra Plant From General Motors

Hyundai Motor Co Indian arm said it had signed a term sheet to buy the General Motors Co plant. (file)


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

Hyundai said in a statement that the term sheet covers the proposed acquisition of land and buildings, certain machinery and equipment for manufacturing at the plant.

(Except for the headline, this story has not been edited by Our Source staff and is published from a syndicated feed.)


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