Daily Local News (West Chester, PA)

General Motors quits Venezuela after government seizes factory

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General Motors announced Thursday that it was shuttering its operations in Venezuela after authoritie­s seized its factory in the country, a move that could draw the Trump administra­tion into the escalating chaos engulfing the South American nation amid days of deadly protests.

The plant in the industrial city of Valencia was confiscate­d on Wednesday as anti-government protesters clashed with security forces and progovernm­ent groups in a country battered by economic troubles, including food shortages and triple-digit inflation. Three people were killed and hundreds arrested in the deadliest day of protests since the unrest began three weeks ago.

The seizure arose from an almost 20-year-old lawsuit brought by a former GM dealership in western Venezuela. The dealership had been seeking damages from GM of about $665 million at the official exchange rate.

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