NEW YORK/BANGKOK -- General Motors is retreating from Thailand as part of a broad downsizing of its Asia-Pacific operations, but the entry of Chinese player Great Wall Motor is expected to cushion the blow to the Southeast Asian country.
Asia woes mount for one of Detroit's Big Three as it also leaves Australia
A Chevrolet pickup truck displayed at a motor show near Bangkok in 2018: GM will sell its manufacturing facilities in Thailand to China's Great Wall and suspend all sales in the country this year. (Photo by Hiroshi Kotani)
NEW YORK/BANGKOK -- General Motors is retreating from Thailand as part of a broad downsizing of its Asia-Pacific operations, but the entry of Chinese player Great Wall Motor is expected to cushion the blow to the Southeast Asian country.