GM to set up second plant in India
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General Motors Corp.  is building  a second plant in India as it steps up the pace to grab 10  percent of the country's fast-expanding market for passenger  vehicles by 2010.
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WASHINGTON: General Electric Co (GE), which began business process outsourcing to India long before the term became familiar and the issue a hot button one, is planning to sell its India operation.
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Nucleus Software Exports Ltd today announced the purchase by the company and its nominees of 10,040,000 equity shares of Chennai-based GMAC Financial Services India Ltd, the Indian automotive finance operation of General Motors Acceptance Corporation.
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The government on Tuesday moved to bolster Saab Automobile AB&#39;s lure to parent General Motors by agreeing to use state money to improve road and rail access to the company&#39;s last automotive plant in Sweden.
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German car maker BMW has short-listed Gurgaon in Haryana as one of the possible sites for locating its proposed plant in India.
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Honda Motor Co.  will build a second car plant in Thailand and a new motorcycle factory in Vietnam as well as boosting capacity in other regions to meet growing demand abroad even as the Japanese market shrinks.
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GM teams with a startup aiming to produce low-cost biofuels.
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Le Castellet, FRANCE September 19, 2004; General Motors today announced the company will introduce more than 50 new engine and transmission variants around the world by the end of the decade.
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The Swedish government will spend more than two billion kronor (282 million dollars, 222 million euros) to entice US car manufacturer General Motors to continue producing mid-size cars in southwestern Sweden, Swedish media reported.
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General Motors Corp. inaugurated a new engine plant at its minicar factory SAIC-GM-Wuling Automobile Co. in southern China on Monday.
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General Motors Corp. announced today that it will build a hybrid bus in China with its partners there and study the feasibility of mass-producing those vehicles in the country.
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General Motors announced Monday it would set up a $250 million alternative fuel research center in Shanghai.
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General Motors Corp  aims to  quadruple sales of its Chevrolet brand cars in Germany within  seven years, the division&#39;s manager was quoted as saying on  Sunday.
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Honda Motor Co., the Japanese automaker, has plans to build an auto transmission plant in Tallapoosa, Ga., and expand existing plants in Alabama and Ohio as part of a $270 million investment plan that will create 600 jobs in the three states.
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Indian outsourcer Satyam Computer ServicesÂ is setting up another development facility in China, its largest outside India. The new 2,500 seat facility will be located in the Nanjing Software Park, and will be operational in the next year, the company said Thursday.
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(InfoWorld) - Unisys is opening two additional global service delivery centers in India as part of its plan to expand its offshore resources to 6,000 people by 2008. Unisys, which already has a facility in Bangalore, is setting up a second facility in the cityâs suburbs. The site will be operational next month, the Blue Bell, Pennsylvania, company said. It is also setting up another facility in Hyderabad, which is expected to be in operation in the second quarter of next year. Hyderabad is emerging as a popular location for hi-tech companies because it has fewer infrastructure bottlenecks than Bangalore, and it is also easier to hire staff in the city. Microsoft, for example, has a development center in Hyderabad as do many companies that set up operations in Bangalore, but have expanded in Hyderabad. The new facilities will enable Unisys to tap into a broader talent pool while providing customer service capabilities, such as further backup and disaster recovery for the first facility in Bangalore, the company said. Unisys did not however disclose how many staff it was adding in India. A number of multinational IT services vendors including IBM and Accenture have set up Indian delivery centers to take advantage of the country's skilled and low-cost staff. Earlier this year Unisys opened centers in Budapest and Shanghai. The company opened its first global services operation in Bangalore in 2004. Staff in India work on software application development and support, systems integration, IT and business process outsourcing, maintenance of existing software and internal administration functions. Unisys' strategy in India is to deliver services by a combination of in-house staff and staff from partner Indian services companies.
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Exxon Mobil said it would build a second chemicals factory in Singapore to meet rising demand in Asia.