GM to halt production at Russian plant for 2 mths

Newswire

ST PETERSBURG, Russia, June 29 (Reuters) - Troubled U.S. automaker General Motors Corp said on Monday it would halt car production at its Russian plant in St Petersburg for two months due to poor demand. "Having carefully studied the state of the Russian car market...we took the decision not to force this year an increase in production volumes at our Russian plant," the company said in a statement, adding that production will be halted from July 1 to Aug. 31. The announcement comes as ...

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