Tag: Venezuela


Amid Venezuela Protests, G.M. Plant Is Seized, and Company Exits

April 21, 2017

Via: The New York Times

Venezuela was once among the most lucrative markets in Latin America for foreign businesses, a country oozing in oil and blessed with an emerging middle class hungry for everything modern, from new cars to snug-fitting disposable diapers. But the good […]

Process, Production

Fiat Chrysler, GM, Toyota near deals to resume Venezuela output

June 24, 2016

Via: Automotive News

Fiat Chrysler Automobiles NV, General Motors Co. and Toyota Motor Corp. are close to agreeing to resume car manufacturing in Venezuela after the government allowed them to sell output in dollars, according to people with knowledge of the talks. The […]