General Motors has closed an office and plant in Egypt due to the recent violence in the country, reports The Detroit News.
“We made the decision to close our Cairo office and halt production operations in our plant in 6th of October City,” the company said in a statement. “The safety and security of our employees is of paramount importance to us. We will continue to monitor the situation closely.”
On Aug. 14, the automaker closed its operations in Egypt. GM spokesman Greg Martin said the company will continue reviewing the events in Egypt before deciding when to reopen the office and plant.
GM employs more than 1,400 people in Egypt. Last year, the company sold 54,000 vehicles in Egypt and had 27.4% market share in the region.
Source: The Detroit News
