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GM says Venezuela has seized its car plant

Why Venezuelans are protesting

General Motors says it will immediately halt operations in Venezuela after its plant in the country was unexpectedly seized by authorities.

The automaker said the seizure showed a "total disregard" of its legal rights. It said that authorities had removed assets including cars from company facilities.

"[GM] strongly rejects the arbitrary measures taken by the authorities and will vigorously take all legal actions, within and outside of Venezuela, to defend its rights," it said in a statement.

GM's subsidiary in the country -- General Motors Venezolana -- has operated in Venezuela for nearly 70 years. It employs nearly 2,700 workers and has 79 dealers in the country. GM said...


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