General Motors Joint Venture
Hindustan and General Motors have had several tie-ups in the post independence era to produce Bedford Trucks, Vauxhall Motors (1980 to 1990), Allison Transmissions and off-road equipment. In 1994, GM and Hindustan (C K Birla) formed a 50-50 joint venture, General Motors India to make Opel Astra cars. GM bought out the Halol, Gujarat plant from Hindustan in 1999. On 21 February 2012, Mr. Manoj Jha, the Managing Director stepped down from his post. The decision was unanimously accepted by the board of directors.
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Famous quotes containing the words general, motors, joint and/or venture:
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“He has no venture in the present.”
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