Monday 30 March 2020
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businessmirror - 1 month ago

GM to pull out of Australia, New Zealand and Thailand

DETROIT—General Motors says it’s pulling out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don’t produce adequate returns on investments. The company said in a statement on Sunday that it will wind down sales, engineering and design operations for its historic Holden brand in Australia and New Zealand [ ]


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