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Timeline: General Motors streamlines its international operations

Reuters
·1-min read
The GM logo is pictured at the General Motors Assembly Plant in Ramos Arizpe

(Reuters) - General Motors Co <GM.N> is retreating from more markets outside the United States and China, saying on Sunday that it will wind down its Australian and New Zealand operations, while selling a plant in Thailand.

Here's a timeline of its restructuring moves since 2010.

February 2020

* Announces that it would wind down sales, design and engineering operations in Australia and New Zealand and retire the Holden brand by 2021.

* Signs a deal to sell its Thailand manufacturing plant to China's Great Wall Motor Co Ltd <601633.SS>.

* Announces that Chevrolet will cease domestic sales in Thailand by end of 2020.

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January 2020

* Announces a deal to sell its Talegaon plant in India to Great Wall Motor, which follows sale of GM Technical Center India to Tata Consultancy Services <TCS.NS> in September, completing withdrawal from India.

October 2019

* Announces withdrawal of Chevrolet from Indonesia's domestic market by the end of March 2020.

End 2018

* Ceases manufacturing in Vietnam with sale of operations to Vinfast.

* Appoints Vinfast as Chevrolet distributor in Vietnam and licenses small car to the Vietnamese group to product and sell under Vinfast brand.

2017

* Sells South and East African operations to Japan's Isuzu Motors <7202.T> and ends sales in India.

* Sells Opel/Vauxhall and GM Financial's European operations to PSA Group <PEUP.PA>.

2015

* Largely exits Russia market; announces it will cease production of GM-branded cars in Indonesia.

2013

* Announces Chevrolet's exit in Europe by 2015, and ceasing manufacturing and engineering in Australia by 2017.

2012

* Closes its Bochum, Germany assembly plant and sells its Strasbourg, France transmission operations.

2010

* Closes its Antwerp, Belgium assembly.

(Reporting by Miyoung Kim; editing by Richard Pullin)