The South America West subdivision has a new president.
The region has been grouped into three new sub-units.
Two car dealers ultimately were responsible for the seizure.
GM has filed an appeal with the country’s supreme court.
Venezuela invited GM to have its plant back, and GM itself seemed to walk back on its decision.
2,678 employees were told they were out of a job via text.
Supposedly, the situation started over a 17-year-old lawsuit.
GM hasn’t actually produced a car at the factory since 2015.
Venezuela’s ongoing political climate has made for an unfriendly business environment.
The country’s economy has suffered from declining oil prices and runaway inflation.
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