China’s Great Wall Motors to acquire GM’s Talegaon plant
Great Wall, one of the biggest sellers of SUV in China, plans to enter India with its Haval and electric vehicle brands and will announce detailed plans at the 2020 Auto Show.
MUMBAI : China’s Great Wall Motors Co. Ltd (GWM) is set to acquire General Motors’ (GM) Talegaon manufacturing plant near Pune, the two companies said on Friday, without divulging financial details.
Two people aware of Great Wall’s plans said, requesting anonymity, that the company has earmarked ₹1,500-2,000 crore (1000 crores (or 100000 lakhs) is equal to 10000 million (10 billion). 10,000,000,000 INR is equal to 140,900,000 USD @ 70.97 Indian rupees to 1 US dollar.) to establish its brand in the Indian market.
“The total investments will include the cost of acquiring the Talegaon plant, which could be about ₹700 crore, along with equipment installations, assembly lines, new product development, manpower and processes, among others,” said the first person.
通用汽车是美国汽车制造业的骄傲，以往数年在中国市场斩获不少市场份额，这也使得该企业有了复制和进军印度市场的野心，在印度投下巨资。但由于去年遭受中企的激烈竞争，再加上自身问题不断暴露，通用汽车在中国市场的处境正变得越来越严峻。通用汽车似乎决定再将精力集中在中国市场身上，日前做出了卖掉印度工厂的决定，而实力崛起的中企便意外得到了一个打入印度市场的机会。
据《日本经济新闻》报道，2019年，一度寄予厚望的印度汽车市场销量为381万辆，大跌13%，在主要汽车市场中情况最严重，通用汽车在印度的销售就遇到增长乏力。看不到希望的通用汽车，早在2017年就决定中止印度的汽车销售业务，将现有工厂的定位改为面向出口拉丁美洲市场。不过，印度在对外贸易开放上一直持谨慎态度，导致与其他国家的自由贸易度不高，这损害了汽车厂商的出口竞争力。
据日媒最新报道，通用汽车最近决定将印度工厂卖给中国汽车品牌长城汽车，双方还达成了投资收购协议。据悉，通用汽车卖掉的工厂是印度塔里冈工厂，通用汽车将协助长城汽车完成员工接管等过渡工作，预计今年下半年完成收购程序。另外，金十数据也在长城汽车的官方平台了解到该消息。