GM threatens to leave the country s' he does not return to profit



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Carlos Zarlenga, president of Mercosul General Motors, said in a statement sent to employees by e-mail and also posted on the bulletin board of the group's five factories in Brazil: The future of the group in the region depends on the return of profitability activities later this year. Workers interpreted this announcement as a threat to leave the country.

In the statement, Zarlenga reproduced an article published last week by the Detroit News newspaper, claiming that by publishing the 2018 financial statement to shareholders, Mary Barra indicated that she was considering to leave South America, where she owns factories in Brazil and Argentina.

"We will not continue to invest to lose money," said the executive. According to her, the largest South American markets remain difficult and the "stakeholders" of the region collaborate with the company to take the necessary measures to improve its business "or consider other options".

Zarlenga said GM had significant 2016 to 2018 and that "2019 will be a decisive year for our history". According to him, the company is living a critical moment "that will require significant sacrifices of all".

A plan presented to the matrix requires the support of government, dealers, employees, unions and suppliers. "The success of this plan depends on GM's investments and our future."

When asked, the company's advice did not comment.

For three years, GM has been the sales leader in the Brazilian market and the Onix model, manufactured in Gravataí (RS), is the best-selling car in Brazil. In February 2018, the company announced investments of R $ 1.2 billion. at the São Caetano do Sul plant in the state of São Paulo to increase production capacity from 250,000 to 330,000 units per year.

Flexibility
At the ABC factory, the approximately 4,500 employees in the production area are on collective holidays since December 23 and return only on the 28th. "Production is stopped because the The factory is preparing for the production of new vehicles, "said the president of the São Caetano Metallurgists' Union, Aparecido Inácio da Silva, who received Zarlenga's statement apprehensively. He was summoned to a meeting with GM management next week.

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At the time, she said that GM was reducing its profitability by 40% in South America, but pointed out that "with Chevrolet as a market leader, the company is well positioned to improve its situation in the macro context. current economic "19659015]
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