BangkokPost-Feb 17

General Motors (GM) announced it will stop selling Chevrolet vehicles in Thailand and sell its Rayong plant by the end of this year.

“Low plant utilization [and low] forecast domestic and export volumes impacted the business case significantly,” Andy Dunstan, GM president for strategic markets, alliances and distributors, said on Monday. GM will continue to support existing Chevrolet customers for ongoing aftersales, warranty and repair work through its authorised service outlets. GM Southeast Asia president Hector Villarreal said GM would provide its employees with better severance packages than those required under Thai labor law. GM plans to sell its manufacturing plant in Rayong province to China’s Great Wall Motors (GWM) by year’s end.

Read more at:

https://www.bangkokpost.com/business/1859429/gm-to-withdraw-from-thailand-this-year