NAFTA demise fears fade as U.S. firms committed to Mexico: lobby

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General Motors (GM) Announces Restructuring Initiatives for International Markets to Improve Global Performance

May 18, 2017 5:45 AM EDT

General Motors (NYSE: GM) today announced key restructuring actions in its GM International operations to drive stronger financial performance and focus its capital and resources on business opportunities expected to deliver higher returns.

GM India to focus on export manufacturingIsuzu Motors to purchase GM South Africa light commercial vehicle manufacturing operationsChevrolet to be phased out of Indian and South African markets

The company will focus its GM India manufacturing operations on producing vehicles for export only and will transition GM South Africa manufacturing... More