Feb 17 (Reuters) - General Motors Co is retreating from more markets outside the United States and China, saying on Sunday that it will wind down its Australian and New Zealand operations, while selling a plant in Thailand.
Here’s a timeline of its restructuring moves since 2010.
* Announces that it would wind down sales, design and engineering operations in Australia and New Zealand and retire the Holden brand by 2021.
* Signs a deal to sell its Thailand manufacturing plant to China’s Great Wall Motor Co Ltd.
* Announces that Chevrolet will cease domestic sales in Thailand by end of 2020.
* Announces a deal to sell its Talegaon plant in India to Great Wall Motor, which follows sale of GM Technical Center India to Tata Consultancy Services in September, completing withdrawal from India.
* Announces withdrawal of Chevrolet from Indonesia’s domestic market by the end of March 2020.
* Ceases manufacturing in Vietnam with sale of operations to Vinfast.
* Appoints Vinfast as Chevrolet distributor in Vietnam and licenses small car to the Vietnamese group to product and sell under Vinfast brand.
* Sells South and East African operations to Japan’s Isuzu Motors and ends sales in India.
* Sells Opel/Vauxhall and GM Financial’s European operations to PSA Group.
* Largely exits Russia market; announces it will cease production of GM-branded cars in Indonesia.
* Announces Chevrolet’s exit in Europe by 2015, and ceasing manufacturing and engineering in Australia by 2017.
* Closes its Bochum, Germany assembly plant and sells its Strasbourg, France transmission operations.
* Closes its Antwerp, Belgium assembly. (Reporting by Miyoung Kim; editing by Richard Pullin)