GM plans to pull out of Australia, New Zealand and Thailand


GM has plans to put out pull out of Australia New Zealand and Thailand CEO Mary Barra says it's part of a strategy to exit markets that don't produce adequate returns on investments dismaying officials concern over job losses Boris is the auto maker would wind down sales engineering and design operations for its historic Holden brand in Australia and New Zealand in two thousand twenty one it also plans to sell its rayon factory in Thailand to China's great wall motors and withdraw the Chevrolet brand from Thailand by the end of this year so we can focus on markets where it can drive strong

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