NPR

GM Says Its Plant In Venezuela Was Illegally Seized By The Government

The automaker says it has ceased operations in Venezuela after its only plant there was confiscated by authorities. The seizure happened Wednesday, during mass protests against the president.

General Motors has stopped operations in Venezuela after its only plant there was illegally seized by authorities, the automaker says in a statement.

The seizure happened Wednesday, as the "mother of all protests" brought hundreds of thousands of people into the streets to demonstrate against socialist

You’re reading a preview, subscribe to read more.

More from NPR

NPR5 min readWorld
Violence Erupts At UCLA As Protests Over Israel's War In Gaza Escalate Across The U.S.
Members of pro-Palestinian and pro-Israel groups in Los Angeles clashed, with reports of fireworks and pepper spray use. Elsewhere, universities are tearing down encampments and arresting students.
NPR3 min readAmerican Government
NPR Poll: Democrats Fear Fascism, And Republicans Worry About A Lack Of Values
A new 2024 election poll from NPR/PBS NewsHour/Marist shows fundamental divides over concerns for America's future and what to teach the next generation.
NPR2 min readFinance & Money Management
Fed Keeps Interest Rates At 23-year High
The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be September or later before rates start to fall.

Related Books & Audiobooks