GM Takes Control Of CAMI Plant

US carmaker General Motors Company (GM) has cut the last remaining ties with Japan's Suzuki Motor, after taking full control of their CAMI Automotive joint venture (JV). GM made an offer to buy Suzuki's 50% stake in the Ingersoll plant in Ontario, which has an annual production capacity of 250,000 units. Financial details of the deal have not been

To read the full article, please choose one of the following options: