GM to withdraw from Thailand this yearAn assembly line at General Motors' plant in Rayong province. (file photo)General Motors (GM) announced it will stop selling Chevrolet vehicles in Thailand and sell its Rayong plant by the end of this year. GM Southeast Asia president Hector Villarreal said GM would provide its employees with better severance packages than those required under Thai labour law. GM plans to sell its manufacturing plant in Rayong province to China's Great Wall Motors (GWM) by year's end. "The acquisition of GM's Thai Rayong plant will help the business development of Great Wall Motors in Thailand and the Asean market.

Source: Bangkok Post February 17, 2020 04:30 UTC