The auto parts maker Chevy Auto Parts Ltd.
has gone into administration.
The company had gone bankrupt last year, according to reports.
The report said the company filed for bankruptcy protection on July 1, 2016.
The company has been accused of failing to meet financial targets.
The auto parts manufacturer had a loss of Rs. 1,08,500 crore, according a report by the Financial Times.
Chevy, which makes the Buick Enclave, Encore and Cadillac Escalade, said it had about 1,300 employees at its factories and 1,600 employees in its manufacturing facilities.
Chevrolet had lost Rs. 2,898 crore in the last financial year.
The Financial Times said the losses were attributed to the financial woes of its suppliers and suppliers’ costs.
Chevalier had been the target of a $3.8 billion U.S. government probe for allegedly inflating sales.
Cheviage also reported losses for the first half of 2017.