General Motors is retreating from Australia, New Zealand and Thailand

General Motors is continuing a years-long global restructuring to concentrate on high-profit markets such as North America and China.

GM will "wind down" its sales, design and engineering operations in Australia and New Zealand and discontinue its Holden brand in the region by 2021.

GM CEO Mary Barra said the actions are part of the automaker's global restructuring, which was initially announced in 2015, to concentrate on profitable markets.is continuing a years-long global restructuring to concentrate on high-profit markets such as North America and China.that it will "wind down" its sales, design and engineering operations in Australia and New Zealand and discontinue its Holden brand in the region by 2021.

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