Great Wall Motors signs agreement to acquire GM's Rayong manufacturing facility in Thailand

Great Wall Motors (GWM) signed a share sales and purchase agreement with General Motors to acquire GM's vehicle assembly and powertrain facilities in Rayong, Thailand. GWM plans to begin production in the first quarter of 2021 and renovate the plant into a smart factory.

“GWM officially signed a share sales and purchase agreement with GM to acquire GM's production facilities in Rayong, Thailand, as the company pave way to make Thailand its ASEAN production base for domestic and export for new energy vehicles and internal-combustion engine models.”gwm-global.com

• 1 source
• gwm-global.comGWM Signs Definitive Agreement with GM to Purchase Manufacturing Facility in Rayong-GWM News-GWMSep 30, 2020

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