GM to close its assembly plant in Ecuador

Last activity 29 April 2024 by cccmedia

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cccmediaEcuador / Colombia Expert29 April 2024 07:01:00

10279

After half a century of General Motors operating

its assembly plant in metro Quito, GM has just

announced it will close the plant in August (2024).

GM's Chevy Sail has been a popular model on

Quito streets for many years. GM says it will

continue to support Chevrolet, although how it

will do so is unclear.

GM simultaneously announced that it is closing

its Colombia plant, dismantling to begin immediately.

On his Sunday YouTube program, Coffee Time,

the host -- longtime automotive enthusiast

Loren Lowe (rhymes with cow) -- speculated that

the GM closings probably have a lot to do with the

fact that the industry will be switching to electric vehicles,

which may not be popular with motorists

in the Andes mountains.

Primary news source... Agence France Presse,

via barrons.com

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