Sanjiv Gupta is an experienced GM leader who has been a driving force behind our strategy: Company
GM has given its employees less than a month to opt for a voluntary separation scheme
GM concluded a first round of talks on Wednesday with its 96 India dealers, who operate 120 dealerships
The decision was taken on request of several employees to consider fresh VRS application
Transfer process, including pre-transfer visits, begins early May
General Motors India on Tuesday formally announced that it would cease vehicle manufacturing at its Halol plant on April 28, 2017. Commenting on the same, Kaher Kazem, President and Managing Director of GM India said that the company would support its employees at Halol plant throughout the transition. "We have in place the options of a significantly enhanced separation package or continuity of employment at our Talegaon plant," Kazem said. Transition support for employees will include financial counselling and tax advice, as well as information and transition support for employees transferring to the Talegaon facility where it is consolidating its manufacturing operations. The company is also working with government authorities and labor unions, as well as impacted employees and suppliers, to ensure an orderly transition."We thank our employees at the Halol plant for their hard work and professionalism. We also want to sincerely thank our suppliers and the government of Gujarat for .
Around 90 dealer-run outlets were shut down last year; new models put on hold
Plant will make Taveras even if sold
Company says it is evaluating options including sale; extension of production would ensure orderly transition of employees