General Motors Quits Venezuela After Officials Seize Plant

General Motors said Wednesday it has been forced to stop operating in Venezuela after one of its plants was illegally seized by local authorities.

The seizure, in the country’s industrial hub of Valencia, comes amid a deepening economic and political crisis that has sparked weeks of deadly street protests.

General Motors Venezolana, GM’s local subsidiary, did not provide any details about the seizure, other than to say the facility “was unexpectedly taken by authorities, preventing normal operations.” It said other assets, “such as vehicles,” had also been stripped from the site.

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  • ontario john

    Since Naomi Klein and her commie friends think that shit hole is the greatest thing on the planet, will she now be pushing for nationalization of GM here in Canada. Her and her buddies now run the NDP, so why not.

  • mauser 98
    • UCSPanther

      If Maduro is ever defeated, I hope they make him suffer and beg for mercy, and record it for posterity, like the Liberians did with Samuel Doe.

      Sic Semper Tyrannis…

      • Hard Little Machine

        I hope Univision hires him to do sports commentary.

      • Norman_In_New_York

        If he is overthrown, he is a dead man walking and he knows it.

    • RottyLover

      The sight of this commie bastard makes me hurl. Rich hypocrite. Why doesn’t he give his money away and move to a commie shithole? Arrogant son of a commie whore.

      • mauser 98

        lots of them around

  • Hard Little Machine

    Oh it’s just getting good now. The sounds of skulls popping under tank tracks will be music.

  • Millie_Woods

    This is unfolding exactly according to the Marxist play book. In other words ‘pure socialism’. Good job Maduro well done!. Next comes the execution of running-dog capitalists, sabateurs and counter-revolutionary wreckers. LOL, how very fucking droll and predictable.

  • KillerMarmot

    I wouldn’t worry about it. I’m sure Maduro can run the plant with far greater efficiency, productivity, and fairness towards workers than GM. Further, the profits now go entirely towards the state, rather than being hoarded by a few shareholders in America.

    It’s just a pity there won’t be any profits, just as there are scant profits from the national oil company PDVSA. It’s a reasonable guess that the factory will be shut down in a few years.

  • KillerMarmot

    Ayn Rand’s descriptions of socialist dystopias were supposed to serve as a warning, not an instruction manual.