The author above wrote a sensational headline for clicks, imagine that!
The reality is that the GM plant made fewer than 500 cars last year and was operating at a loss.
Shutting down a money-losing factory hurts employees, not the company.
Sure, VZ seized the GM factory...and can pay those salaries there if it wants...and can find the cash.
Does any of the above really “wallop” GM?!
This is a 500 car/year factory from the 1950’s!
Headline clickbait.
“The reality is that the GM plant made fewer than 500 cars last year and was operating at a loss.”
The GM plant actually made zero cars last year.
This is a MSM article, so like almost all MSM articles it is dishonest and largely untrue.
But the larger point is that the assets from so many American companies such as Exxon and others that the government seized is a big reason why Venezuelans are starving to death and marching in the streets.
Socialism in real life causes human misery and human suffering.
And I just read that Honda of Japan is building Civic sedans in the UK to export to the US.
What the heck is happening ?