GM’s Feb 17 announcement that it would cease its Thai market operations and sell the Rayong plants has shaken the automotive sector in several dimensions. From sales, production, exports and auto supply chains to auto loans, car insurance and the used-car market, the aftermath of the exit remains unresolved. And while Chevrolet Thailand, the local distribution arm of GM, has …

Buyers flocked to Chevrolet showrooms on Wednesday to snap up models sold at discount prices after General Motors decided to withdraw from Thailand by the end of the year. Outlets selling the iconic American brand were thronged by potential buyers on Wednesday after the sale began — with some models going for less than half price. The new Captiva 1.5 …

US car maker General Motors confirms that roughly 1,500 workers from its Thai operations have to be laid off this year once Chinese maker Great Wall Motors takes ownership of the Rayong facilities. But the government hopes the new owner can invigorate the country’s fledgling electric vehicle (EV) industry and spur a transition away from internal combustion engines. On Monday, …

More than 300,000 Chevrolet cars in Thailand risk losing maintenance services after the US car maker General Motors (GM) announced a halt in sales of the Chevrolet brand locally by 2020. GM is selling manufacturing facilities in Rayong under a purchase agreement with Chinese car maker Great Wall Motors. Both parties want to close the deal and hand over the …

General Motors (GM) announced it will stop selling Chevrolet vehicles in Thailand and sell its Rayong plant by the end of this year. “Low plant utilisation [and low] forecast domestic and export volumes impacted the business case significantly,” Andy Dunstan, GM president for strategic markets, alliances and distributors, said on Monday. GM will continue to support existing Chevrolet customers for ongoing …