The Scoop
Mar 02, 2020
3 minutes
GM pulling out of Australia market
DETROIT (AP) _ General Motors’ decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don’t produce adequate returns on investments raised dismay from officials concerned over job losses.
The company said that it plans to wind down sales, engineering and design operations for its historic Holden brand in Australia and New Zealand in 2021. It also plans to sell
You’re reading a preview, subscribe to read more.
Start your free 30 days