GM And Toyota Cut Thai Output

Sliding vehicle sales in Thailand have prompted major carmakers such as General Motors (GM) and market leader Toyota to cut back on production. GM will close its plant in Rayong, which produces pick-up trucks, SUVs and passenger cars, for two months from mid-December to align inventories with falling demand. However, the plant has not only been hit by falling demand in Thailand but also in other markets the plant exports to, such as South East Asia and Australia.

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