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Dhivya Suryadevara

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Over 2,000 Employees to Lose Their Jobs Due to GM's Winding Down Measures
February 17th, 2020 - 08:37 GMT

Over 2,000 Employees to Lose Their Jobs Due to GM's Winding Down Measures

General Motors Co is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in Australia and New Zealand and retire the Holden brand by 2021. It also said China's Great Wall Motor Co Ltd had agreed to buy GM's Thailand manufacturing plant, a transaction expected to be completed by the end of 2020. GM Chief ...
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