Your Source for NPR News & Music

GM Plans To Leave Australia

Your browser doesn’t support HTML5 audio

STEVE INSKEEP, HOST:

NPR's business news starts with GM's departure from down under.

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

General Motors says it will stop making cars in Australia by 2017. And that is fueling fears that Toyota will follow suit, effectively killing Australia's auto industry. The GM move could see up to 40,000 auto workers lose their jobs.

INSKEEP: The company says high-cost and a small market were behind this decision. Transcript provided by NPR, Copyright NPR.

  • Facebook
  • Twitter
  • LinkedIn
  • Email
Related Stories
  1. Texas charging another large group of migrants with “riot participation”
  2. El Pasoans catch glimpse of solar eclipse
  3. Texas criminally charges more than 200 migrants involved in alleged “riot” at the border
  4. Lebanese migrant allegedly tied to terrorist group appears in federal court with a black eye