General Motors announced the seizure of the plant in Venezuela
The Corporation promises to “take all legal measures” to protect their rights.
The American Corporation General Motors announced illegal seizure by the authorities of the Venezuelan plant of the Corporation in the industrial center of Valencia.
It is reported that General Motors has promised to take “all legal measures” to protect their rights.
“The company GMV (General Motors Venezolana) was unexpectedly seized by the state authorities, which prevented normal functioning. In addition, other assets such as cars, were illegally exported from its facilities,” – said in a statement.
The company argued that the seizure of the plant will cause irreparable damage 2 668 its employees, 79 dealers and suppliers.
Note, the seizure occurred on the background of a deepening economic crisis in Venezuela .
According to the materials: