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5 months ago
China's SAIC Motor to buy factory in India from General Motors
April 5, 2017 / 9:52 AM / 5 months ago

China's SAIC Motor to buy factory in India from General Motors

SAIC Motor Corp's logos are pictured at its booth during the Auto China 2016 auto show in Beijing, China April 26, 2016.Kim Kyung-Hoon

BEIJING (Reuters) - China's largest automaker SAIC Motor Corp Ltd (600104.SS) on Wednesday said it had signed a formal agreement to buy a General Motors Co (GM.N) factory in India.

SAIC did not give further details in its filing with the Shanghai Stock Exchange.

Reporting by Jake Spring; Editing by Himani Sarkar

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