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General Motors to close seven factories, axe 15% of workforce

Posted By GMbeat on Articles - General Motors is planning to shut seven factories and shed 15% of its workforce as part of a major restructure that will also involve shifting investment into developing autonomous and electric vehicles. The US firm has struggled with falling sales in recent years prompting a major revamp, which has included selling Vauxhall and Opel, its British and European brands, to the PSA Group.

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