General Motors has announced key restructuring actions for its international business to increase overall financial health. The move comes as GM is looking to focus capital and resources on opportunities expected to yield higher returns, according to a press release from the automaker.
As the industry continues to change, we are transforming our business, establishing GM as a more focused and disciplined company, said Mary Barra, GM Chairman and Chief Executive Officer.
Moving & Shaking
The new plan involves changing GMs Talegaon manufacturing base in India to produce vehicles for export only. The facility will supply vehicles to Mexico and other Central and South American markets. Chevrolet sales in the region will stop at the end of the …
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