Focused and disciplined company



Motortrend Article

Focused and disciplined company

Jnuior's Auto Repairs

Much like Ford, General Motors has had a difficult time breaking into key emerging markets due to strong incumbent players. Today, the automaker announced it will cut operations in India and South Africa in an effort to focus resources on more profitable markets.

GM will stop selling vehicles in India, although exports from India to other countries will continue. Struggling to compete against rivals such as Suzuki, the American automaker is canceling most of its $1 billion investment to build a new lineup of low-cost vehicles in India, reports Reuters. Meanwhile, GM is selling the remainder of its manufacturing operations in South Africa to Isuzu Motors. Previously, GM held a 30-percent stake in a truck venture with Isuzu.

The Chevrolet brand will exit both South Africa and India by the end of this year. The brand will also withdraw from East Africa now that Isuzu has agreed to purchase the remaining shares of GM’s operations in Kenya. GM’s International Operations headquarters in Singapore will experience staff reduction as part of the overall restructuring effort, although it’s unclear how many workers will be cut. All in all, the plans are expected to save GM $100 million a year.

 

“As the industry continues to change, we are transforming our business, establishing GM as a more focused and disciplined company,” said GM CEO Mary Barra in a statement. “Globally, we are now in the right markets to drive profitability, strengthen our business performance and capitalize on growth opportunities for the long term.” Barra also noted GM would continue to hone its operations on a market-by-market basis to improve costs.

Of course, India and parts of Africa aren’t the first victims of GM’s downsizing efforts. A few months ago, the automaker sold its unprofitable European operations to French automaker PSA Group.

Source: GM, Reuters

Menu

JarAutoNews

Auto News

Audi Sport toying with a road-legal GT3-inspired R8

-

Filed under: ,,,,,

RWD challenger to the 911 GT3 and AMG GT Black Series.

Continue reading Audi Sport toying with a road-legal GT3-inspired R8

Audi Sport toying with a road-legal GT3-inspired R8 originally appeared on Autoblog on Wed, 26 Jun 2019 08:30:00 EDT. Please see our terms for use of feeds.

Permalink |  Email this |  Comments


This Golden 1968 Mustang GT500 Is a Thoroughly Pedigreed Pony Car

-

The 2020 Ford Mustang GT500 is without question the highest-performance Mustang ever. Its 5.4-liter supercharged V-8 makes 760 hp and 625 lb-ft of torque through a seven-speed dual-clutch automatic, all wrapped up in a lightened and aerodynamically optimized body. It’s a seriously impressive machine, made more so by seeing how far the GT500 nameplate has […]

The post This Golden 1968 Mustang GT500 Is a Thoroughly Pedigreed Pony Car appeared first on MotorTrend.

Other News

Junior's Auto Repairs

10 Worst-Selling Cars of 2017

10 Worst-Selling Cars of 2017

1.)?, 2.)?, 3.)?,4.)? 5.)?, 6.)?,

7.) Nissan GT-R 578 - Sold, 8.) Acura NSX - 581 Sold, 9.) Doge Viper - 585 Sold, 10.) Mercedes Benz B Class Electric Drive - 744 Sold

Junior's Auto Repairs

Street Legal 8x8 Amphibious APC

It's called the GPV Colonel, and it was originally manufactured by a company called General Purpose Vehicles in Michigan. A quick internet search shows the manufacturer builds several such vehicles designed for military use, but exactly how Yadlowsky and his partners came upon this particular machine is something of a mystery. Another quick internet search shows Yadlowsky and GPV headquarters are only about 45 miles apart, so that could have something to do with it.. ....

read more..

Junior's Auto Repairs

EAO

EAO

Employment, Events, Info, Services and more.

read more...

Image

Schedule Appointment Today!

Have your Vehicle Services or Repaired Today!