General Motors Retrenches International Operations to Focus on ‘Future of Mobility’

By Paul Riegler on 18 May 2017
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General Motors, once the world’s largest automaker, said Thursday it will discontinue sales of Chevrolet vehicles in India, South Africa, and East Africa as part of a restructuring to help it focus on more profitable markets and invest in the “future of personal mobility.”

The company sold its European division, Adam Opel, to Peugeot parent PSA Group in March, stopped manufacturing cars in Australia in 2016, and exited the Russian market in 2015.

“As the industry continues to change, we are transforming our business, establishing GM as a more focused and disciplined company,” said the company’s CEO, Mary Barra, in a statement.

GM is not entirely pulling out of India, however. It will continue to manufacture vehicles there, but only for export. In addition, it plans to sell its South African plant to Isuzu Motors.

The sale will position the car manufacturer to operate “in the right markets to drive profitability, strengthen our business performance and capitalize on growth opportunities for the long term,” it said.

(Photo: Accura Media Group)