General Motors to wind down Australia, NZ operations, sell Thai plant to Great Wall
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NEW YORK/BEIJING (Reuters) - General Motors Co is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in Australia and New Zealand and retire the Holden brand by 2021.It also said China's Great Wall Motor Co Ltd had agreed to buy GM's Thailand car manufacturing plant and an engine factory, a transaction expected to be completed by the end of 2020.In rearranging its global operations, GM is..