G.M. abandons S.A. plant
NZPA-Reuter Detroit General Motors citing disappointment with the pace of change in ending apartheid, announced yesterday that it would pull out of South Africa. The chairman of the world’s biggest company, Roger Smith, said it
planned to sell loss-mak- < ing G.M. South African, ; Ltd, to a group headed by I local management. I General Motors has < been manufacturing in I South Africa for 60 years and is the second biggest United States operation there, according to Alison ’
Cooper, a research analyst at the Washingtonbased Investor Responsibility Research Centre, which tracks the presence of United States companies in South Africa. General Motors’ South African unit employs 3056 workers and had sales of
SUS3IO million in 1984, the latest year for which Last month Coca-Cola announced it would pull out of South Africa. It sold its share in a big bottler there and ended marketing and advertising support to underline its opposition to the Republic’s racial policies.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19861022.2.77
Bibliographic details
Press, 22 October 1986, Page 11
Word Count
159G.M. abandons S.A. plant Press, 22 October 1986, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in