General Motors is retreating from Australia, New Zealand and Thailand

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General Motors is continuing a years-long global restructuring to concentrate on high-profit markets such as North America and China.

GM will "wind down" its sales, design and engineering operations in Australia and New Zealand and discontinue its Holden brand in the region by 2021.

GM CEO Mary Barra said the actions are part of the automaker's global restructuring, which was initially announced in 2015, to concentrate on profitable markets.is continuing a years-long global restructuring to concentrate on high-profit markets such as North America and China.that it will "wind down" its sales, design and engineering operations in Australia and New Zealand and discontinue its Holden brand in the region by 2021.

 

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Won't change anything. Just more bakrupt debt markets.

You make shithouse cars anyway.

general motors is a failed company....hand it over to tesla!!!

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Timeline: General Motors streamlines its international operationsGeneral Motors Co is retreating from more markets outside the United States and ... 'Streamlines' does not mean 'madly avoids bankruptcy'. GM has loyalty customers in the US, and receding profitability in China. Everything else has been deep losses for years. Cutting and running is not streamlining. Barra is ready to 'streamline' the rest, if reports are true. Hysterical, if not so sad. GMC execs blindsided by Japan, UAW, Ego. Greedy myopic dummies. Recall GM’s fuel efficiency response: slicing back off Chevy Nova’s! Yet, same genius accumulated personal fortunes. Just for kicks, killed Detroit. Disgraceful, GM_corporatiion In Australia, GM was pushed by the Australian Govt.
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General Motors to wind down Australia, New Zealand operations, sell Thailand plantGeneral Motors Co is retreating from more markets outside of the United States a... Not like GM Who, what, when, where - the WHY?!? Good riddance
Source: Reuters - 🏆 2. / 97 Read more »

Timeline: General Motors streamlines its international operationsGeneral Motors Co is retreating from more markets outside the United States and ... 'Streamlines' does not mean 'madly avoids bankruptcy'. GM has loyalty customers in the US, and receding profitability in China. Everything else has been deep losses for years. Cutting and running is not streamlining. Barra is ready to 'streamline' the rest, if reports are true. Hysterical, if not so sad. GMC execs blindsided by Japan, UAW, Ego. Greedy myopic dummies. Recall GM’s fuel efficiency response: slicing back off Chevy Nova’s! Yet, same genius accumulated personal fortunes. Just for kicks, killed Detroit. Disgraceful, GM_corporatiion In Australia, GM was pushed by the Australian Govt.
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