GM restarts Venezuela assembly after forex squeeze

Newswire

CARACAS, Venezuela, April 22 (Reuters) - General Motors Corp.'s Venezuelan unit, the biggest vehicle assembler in the South American country, has restarted production after a three-week halt caused by government foreign exchange controls, a spokesman said Tuesday. "The plant has reopened; everything is back in business," General Motors Venezolana's marketing and sales director Peter Friedrich told Reuters. He added that in talks with the government, the company had succeeded in ironing ...

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