GM to Cease Operations In Australia, New Zealand, Thailand

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.

What is the main reason for GM's restructuring plan according to Mary Barra?

Which markets is GM focusing on for its international operations?

How many people does GM reportedly employ in the three countries mentioned?

What was the reaction of Australia's Prime Minister regarding GM's decision?

What is the expected cost of GM's restructuring plan?