AB Novaturas group guarantee insurance for 2021 - 11 million euros

karasms.com
May 2 (Reuters) - General Motors Co said on Tuesday it has ceased operations at its Venezuela plant and will take up to a $100 million charge after a judge ordered the seizure of its plant last month. The largest U.S. automaker said it is deconsolidating its business in Venezuela. The decision follows the seizure of GMs Valencia plant in Venezuela on April 18 by judicial authorities, which led the automaker to fire 2,700 workers. The GM plant had not produced a car since the beginning of 2016 because of parts shortages and strict currency controls. GM said executives have expressed a willingness to talk with government officials and union leaders about the circumstances under which it could be possible to start production and employ some number of workers with a new, viable business model. (Reporting by David Shepardson; Editing by Chizu Nomiyama and Andrea Ricci) View comments
Exploring AI's Influence on the Upcoming U.S. Presidential Election
A look at how AI is set to reshape the political landscape for the 2024 elections.