General Motors to close plants in Colombia, Ecuador

US carmaker General Motors announced on Friday that it would close manufacturing plants in Colombia and Ecuador and promised support to employees, hundreds of which will lose their jobs.
Dismantling of the Colombia plant would start without delay, while in Ecuador manufacturing activity will cease toward the end of August, it said in a press statement.
Operations in both countries will transition to a national merchandising model to support the launch of next-generation vehicles. And, the company understands the impact this decision will have on affected employees and will support them during their transition, it added.