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GM decides to pull the plug on Indonesian factory, cutting 500 jobs


General Motors, the largest US automaker and the third biggest in the world announced recently it decided to close its production operations at a local plant in Indonesia, ceasing output of locally manufactured GM-branded autos. The decision comes as the emerging market is dominated by Japanese brands and in the process it will also axe around 500 jobs, adding it will ...
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GM and China’s SAIC have joint factory plans for Indonesia
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