HICOM-Chevrolet joint-venture ends on December 31st 2009


Posted on December 31, 2009 12:00 AM

It's confirmed finally - HICOM Chevrolet, GM's joint-venture with DRB-HICOM since 2007, will cease to exist after this Thursday, December 31 2009. Both companies have mutually agreed to end their partnership and GM has earlier said that it has a 'new business model' where it will not be directly involved again and appoint a sole distributor. An announcement should be forthcoming next week. Talk about this news in the MTM Forum.

 

 

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