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Old 04-20-2017, 09:56 AM   #4159
DGthe3
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Quote:
Originally Posted by FenwickHockey65 View Post
Production facility, bank accounts, etc.

Might be a blessing in disguise honestly. A lot of American companies have pulled out of there.
Companies are pulling out because the Venezuelan economy utterly collapsed when the new normal for oil became 40 to 50 bucks a barrel. GM must have thought they could hold on because they haven't been too shy about pulling out of bad markets lately.

Oops.
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Originally Posted by FbodFather
My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors......
........and HE WOULD KNOW!!!!
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Old 04-20-2017, 10:32 AM   #4160
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GM must have figured having the production facility was vital to the rest of its South American operations...could be wrong but I think all that's left now is Brazil.

EDIT: There's also plants in Colombia and Argentina, but not sure if those are still active...
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Old 04-20-2017, 10:34 AM   #4161
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http://media.gm.com/media/us/en/gm/h...venezuela.html

Statement issued.
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Old Yesterday, 02:41 PM   #4162
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GM has had to buy back a Bolt EV with a ton of random bizarre problems.

Owner has already bought another.
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