General Motors Corp. is delaying its $44 million diesel-engine project in Thailand for at least a year and will not introduce new products in the market in 2009. The deepening global economic crisis and local political unrest are to blame for the decision, General Motors (Thailand) Ltd. President Steve Carlisle tells the Bangkok Post. The 156,000-sq.-ft. (14,492-sq-m) facility will be GM’s first diesel-engine plant in Southeast Asia. Carlisle says Thailand’s economic slowdown, auto ...
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