GM To Combine Asia Pacific And Latin American Operations

GM is set to limit its investments in money-losing markets by combining all of its operations outside of China and the U.S. into a new organization based in Detroit.

From January 1, 2018, the carmaker will combine the leadership of regions including Southeast Asia, India, Oceania and South America into a single operation to be led by the current president of GM South America, Barry Engle.

Reuters reports that the move will enable GM to save money and ultimately increase its spending on next-generation vehicles.

“Our strategy (is) to refocus our traditional business operations to free up the resources and financial power needed to really step into the next chapter of the automotive industry,” executive vice president of GM’s International Operations, Stefan Jacoby said.

In 2016, GM lost money in both its Asia/Pacific and Latin American operations and is therefore continuing to ramp up its efforts to focus more heavily on money-making regions. As part of these ongoing efforts, GM has already ceased manufacturing in Indonesia and Australia, decreased efforts to sell vehicles in India and exited Europe with the sale of Opel to PSA Group.

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  • roy

    And tell me again how exactly are you going to sell more cars if you ate pulling out of markets ?

  • SteersUright

    GM, like so many American companies, have become so damn large and bureaucratic they can do nothing but stifle innovation and offer consumers subpar products. Every time I read about a new “strategy” from GM, it seems so unimaginative, so tired, so old school in nature, and indicative of a company completely out of touch. If they took more risk, allowed their own brands to fully compete against one another and let them decide independently when to co-operate, GM might have a chance at producing another world-class product. In the meantime, we’ll just see more Impala’s and Malibu’s getting their asses handed to them by Camry’s and Accords, Cadillac pretending to make cars that are as desirable as the Germans, Buick having no unique brand identity and producing more generic vanilla-mobiles, and on and on…until maybe, just maybe, the next time there will be no bailout.

    • Benjamin B.

      Moving the Cadillac HQ to NYC doesn’t really do anything other than add to costs of leasing an office in one of the most expensive cities.

      • gary4205

        Yeah but they built a hipster coffee shop to pull in the swells!

  • Benjamin B.

    India is the market to be in, GM.

    • gary4205

      Yup. India and China are wide open.

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