General Motors (GM) de Mexico says that has no intention of closing plants or sacking workers as a result of the slowdown in the US economy.
The GM subsidiary does not expect much effect on Mexican sales and plans to increase production by three to 5 percent over 2000 this year.
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GM sold over 18 million vehicles worldwide in 2000 and expects this to fall by 1.5 million in 2001.
To view related research reports, please follow the links below:- Mercosur’s Automotive Industry – Challenges and prospects to 2005 |
