Toyota Motor on Wednesday revealed a new model of its Corolla that will be assembled in Venezuela, marking an intense note for a local vehicle market having a hard time …
Auto industry in Venezuela
- General Motors
General Motors fires 2,700 in Venezuela following the plant closure
by David Bondby David BondGeneral Motors‘ Venezuelan subsidiary has sent out a message to nearly 2,700 personnel notifying them that they are no more employed by the automaker and had received severance pay in …
- General Motors
Venezuela illegally seizes auto plant, states General Motors
by David Bondby David BondGeneral Motors stated on Wednesday that Venezuelan officials had illegally seized its auto plant in the industrial center of Valencia and pledged to “take all legal actions” to safeguard its …
Toyota stated on Friday it had resumed its Venezuelan factory after six months without producing cars due to the crisis, difficult currency lacks. This is a great news for the …
Automobile production in recession-hit Venezuela has actually plunged 86 percent in the first half to less than 10 units per day, nationwide automakers company Cavenez stated on Monday. A paltry …

