By Norihiko Shirouzu and Aditi Shah BEIJING/NEW DELHI (Reuters) - General Motors aims to grab at least 5 percent market share in India within the next decade, as it sees that market overtaking Japan as the world's third biggest with projected annual sales of 8 million vehicles by 2025. The Detroit carmaker, which is losing money in India even after 18 years there, will unleash a product blitz aimed at reviving sagging sales, and will make India a new global manufacturing and export hub, taking some of the strain off South Korea, where labor costs have ballooned in recent years. As part of a strategic plan due to be announced later this year, GM will launch newly designed subcompact cars into India, where buyers are shifting from no-frills econo-cars to models offering more room and functionality. "India may be the last big white sheet of paper in the automotive industry," Stefan Jacoby, GM's chief of international operations, told Reuters in a recent interview.
SANAA, Yemen (AP) — With helicopter gunships hovering overhead, at least 20 troops from a Saudi-led Arab coalition came ashore Sunday in the southern port city of Aden on what military officials called a "reconnaissance" mission, as fighting raged between Iranian-backed Shiite rebels and forces loyal to the nation's exiled president.