The Traderszone Network

Published in TZ Latest News 26 February, 2015 by The TZ Newswire Staff

GM’s Indonesia closure highlights automakers’ emerging markets woes

General Motors Co’s (GM.N) decision to shutter a car factory in Indonesia comes as global automakers rethink the timing and scope of investments in emerging markets once touted as engines of growth. Global automakers poured billions into Brazil, Russia, India, China and other emerging markets during the past few years.