Thursday , April 27 2017
Home / auto / General Motors stops operating in Venezuela
VERY PROFITABLE

General Motors stops operating in Venezuela

General Motors прекращает работу в ВенесуэлеThe company announced this decision after the seizure of the plant by the authorities.

The American Corporation General Motors (GM) announced on 20 April of the intention to suspend work in Venezuela after the capture of its businesses by the authorities.

According to the company, the process of taking control of the plant was carried out excluding the right of the Corporation to protect its rights and interests.

See also:  SsangYong has released the first images of the new crossover

GM previously announced illegal seizure by the Venezuelan authorities of its plant in Valencia. According to the statement, other company assets, such as cars, were illegally exported from its facilities. GM noted that the seizure would cause irreparable damage to the company, its workers 2678, 79 dealers and suppliers, and promised to go to court to protect their rights.

See also:  Case Martynenko: the General Director of VostGOK released under house arrest

© 2017, z-news.link. All rights reserved.

RUSH

Check Also

Poroshenko has signed the law on amendments to the rules of the road

At roundabouts priority should be given to the cars which move in a circle. President …

Leave a Reply

Your email address will not be published. Required fields are marked *