GM to Cease Operations In Australia, New Zealand, Thailand

GM to Cease Operations In Australia, New Zealand, Thailand

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Business

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General Motors is undergoing an international restructuring, focusing on electric and autonomous vehicles. The company plans to sell its plant in Thailand to Great Wall Motors and withdraw Chevrolet from the Thai market. This move is expected to affect over 2000 jobs across Australia, New Zealand, and Thailand. Australia's Prime Minister expressed disappointment, citing taxpayer investments in GM. The restructuring will cost around $1.1 billion, with GM committing to honor existing warranties.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of GM's international restructuring plan?

To increase the production of gasoline vehicles

To focus on electric and autonomous vehicles

To expand manufacturing plants globally

To reduce the number of employees

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company agreed to purchase GM's plant in Thailand?

Toyota

Nissan

Ford

Great Wall Motors

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By when does GM plan to withdraw Chevrolet from Thailand's market?

By the end of the year

By mid-next year

By the end of the decade

By the end of next month

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is GM's restructuring plan expected to cost?

$3 billion

$1.1 billion

$2 billion

$500 million

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Australia's Prime Minister's reaction to GM's decision?

He was disappointed and angry

He was indifferent

He was supportive of the decision

He was pleased with the decision