GM’s Venezuela factory seized
DETROIT — General Motors has stopped doing business in Venezuela after authorities took control of a factory in what GM called an illegal judicial seizure of its assets. The plant was confiscated on Wednesday as antigovernment protesters clashed with authorities in a country that is roiling in economic troubles such as food shortages and triple-digit inflation. The Detroit automaker said other assets such as vehicles were taken from the plant, causing irreparable damage to the company. GM said the plant was taken in disregard of its right to due process. The company said it will defend itself legally. GM has 2,700 workers in the troubled country, where it’s been the market leader for more than 35 years.