Great Wall acquires GM Thailand plantNovember 6, 2020
The Chinese concern has completed a deal with the American side.
Great Wall Motor Co., looking to expand its global manufacturing presence, has completed the purchase of General Motors’ assembly plant in Rayong in eastern Thailand following a deal earlier this year. After refurbishment, the plant will open sometime in the first quarter of 2021 to produce pickup trucks, SUVs and right-hand drive sedans, a leading Chinese light truck manufacturer said this week.
The originally modernized plant will produce up to 80,000 vehicles per year. Some vehicles will be sold in Thailand, while others will be exported to Southeast Asia, Australia and South Africa, Great Wall said.
Recall that in February, Great Wall signed an agreement with GM to purchase the plant. The Rayong plant is the Chinese company’s second assembly plant outside of China.
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