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April 17, 2007

GM ramping up production and sales in India

General Motors plans to ramp up production and sales in India, one of the world's fastest-growing auto markets, according to USA Today which cited Chairman Rick Wagoner as he introduced a mini car to Indian customers with a competitive price tag yesterday.
GM also is scaling up procurement of low-cost auto components from India in a move that will help keep costs low at plants in other parts of the world, Wagoner said.

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Peter C. T. Elsworth
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