a few days Ago we had the situation that is going through General Motors in Venezuela. The Latin american country lives its darkest hours, its economy is completely sunk and Nicolás Maduro does not want to bring about change in the government to improve the situation. The american group reported that the government of the country has expropriated the factory they have in the city of Valencia, about 150 kilometers from the capital, Caracas.
expropriation of this plant has forced General Motors has cut root its operations in the country. After its expropriation, the 2,700 workers who were part of the template of the factory had to stay in their homes waiting for news. Well, the american group has confirmed the worst of news for has been forced to lay off all their workers.
The way in which it has carried out the dismissal is not the most worthy, for they have proceeded to do so using a text message. Obviously, the expropriation was not going to resume the production of cars because the country can’t take care of it. In addition, according to the employees of the closed factory of General Motors, the american group was already dismantling the facilities until the fatal fact.
The reason for this action on the part of the american group is that the government of Venezuela is choking the companies to strike tax, and impediments to foreign exchange and raw materials. All in all, the automotive sector, the venezuelan is touched and sunk as during the past year only sold 3.684 vehicles, ridiculous figure for the potential population and that has the Latin american country.
remains to Be seen if other companies in the sector are at the same destination or on the contrary, if the political situation changes in the country. In the meantime, General Motors has ceased its operations permanently in the country since the start in the 40’s of the last century. Now, its presence in the country will be testimonial, because it only will handle the sale of spare parts and maintenance of the cars still found around the country.
Source – General Motors