GM India Consolidates Manufacturing at Talegaon Plant
Key milestone in GM India manufacturing consolidation
Generous separation payments or ongoing employment at Talegaon offered to employees
Employee transfers to Talegaon to begin early May
MUMBAI, India – General Motors India ceased production at the Halol facility, delivering a key milestone in the consolidation of manufacturing in India. GM India President and Managing Director Kaher Kazem said all GM manufacturing in India will now be at the company’s Talegaon facility.
“The consolidation of manufacturing at our Talegaon facility is an important milestone for GM India,” said Kazem. “That said, we are mindful of the impact on our employees at Halol. We have committed to support them through this necessary transition with generous separation payments or the option of continuity of employment at Talegaon.”
Kazem said a range of additional support measures had been put in place for both the employees who opted for the significantly enhanced separation payments and those who will transfer, including tax and financial advice and pre-transfer visits to Talegaon. “Since we first announced in 2015 that we would cease manufacturing at Halol, we have worked with all stakeholders to ensure a smooth transition,” said Kazem.
“GM India is very grateful for the continued support of the Government of Gujarat throughout our time manufacturing at Halol and through this period of transition. I would like to recognize all our employees for their dedication, professionalism and contributions over the many years of operation and also to our suppliers for their partnership and support.”
General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.
Comments
Post a Comment