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.

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