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GM says no plans at the moment to announce plant closures outside North America

November 26, 2018 8:25 PM
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SAO PAULO (Reuters) - General Motors in Brazil will not announce plans to close plants outside North America “at this moment”, a representative for the company said on Monday.

GM said on Monday it will cut production of slow-selling models and slash its North American workforce in the face of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles. It also said it would shut down two plants outside of North Ameri...

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