BRIEF-Tesla enters sixth amendment to its ABL credit agreement - SEC filing
* On June 19, co, unit entered into the sixth amendment to the ABL credit agreement, dated as of June 10, 2015 - SEC filing
NEW DELHI, April 10 SAIC Motor Corp has not signed any formal agreement with General Motors to take over the latter's car plant in the western Indian state of Gujarat, the Chinese automaker said in a statement on Monday.
SAIC has signed a term sheet to evaluate buying the plant but the deal is subject to General Motors securing all government approvals and settling pending labour issues, SAIC's chief India representative, P Balendran said in the statement.
General Motors has two plants in India and it said in 2015 it planned to stop production at one of its plants in Halol town in Gujarat state as it consolidates operations at one location. SAIC has been in discussion to buy this plant.
"SAIC's decision to enter into the Indian market remains unchanged and the company continues to evaluate various options to set up a car manufacturing plant in India as early as possible," Balendran said. (Reporting by Aditi Shah; Editing by Swati Bhat)
NEW YORK, June 23 General Motors Co has agreed to settle federal lawsuits by as many as 203 plaintiffs over defective ignition switches in its vehicles, a Friday court filing shows.
NEW YORK, June 23 General Motors Co has reached a settlement to resolve lawsuits by 203 plaintiffs over defective ignition switches in many of its vehicles, lawyers for the automaker said in a court filing on Friday.