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General Motors India Makes Huge Losses - 4 times its own net worth

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General Motors has already had a very frustrating and ineffective run on the Indian market. The company has'nt been successful in capturing the global market with losses mounting to INR 1100 crores for the financial year 2015-16 alone.

The company had shown a boost in revenue by 2500 crores in the last financial year, which hasn't helped the cause much. The company has a net worth of only Rs. 249 crores in India. Which means that they have piled up a loss already 4 times it's net worth.

The company had set footing in India in the year 1995 and since then has shown no signs of growth. This tenure can be easily counted as one of it's worst. General Motors has 6 models on sale in the market which have not been able to keep up with competition. Even companies like Renault and Nissan which entered India much later are doing better than General Motors.


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