Wednesday, December 14, 2005

GM to Nearly Triple India Production

From The Associated Press

General Motors Corp. said Tuesday it plans to nearly triple the number of cars it produces in India to meet growing demand in the South Asian country.

The announcement came just weeks after the company said it would slash 30,000 jobs and scale back production in the United States. GM previously had announced plans to increase production in India from more than double the 25,000 cars a year it currently produces in the country. Lawrence Burns, vice president for research and development, said Tuesday that the number of vehicles made in India would eventually reach 80,000.

GM said in November that declining sales and rising health care costs would force it to close 12 North American manufacturing facilities by 2008 and cut 30,000 jobs, which represent 17 percent of GM's North American hourly and salaried work force of 173,000.

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