GM General Motors Company

--General Motors Co. (GM) officials in Brazil are discussing the possibility of receiving tax incentives in Sao Paulo state, Reuters reported Tuesday.

--A memo to employees in Brazil, which was seen by Reuters, told workers the company had taken losses in the country over the past two years, the report said.

--The company's top two executives in South America spoke with representatives of the company's unions and two mayors from cities where GM plants are based, the report said.

Full story: https://www.reuters.com/article/us-brazil-gm-restructuring/gm-facing-losses-in-brazil-seeks-tax-breaks-in-sao-paulo-state-idUSKCN1PG2GL?il=0

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

January 22, 2019 16:08 ET (21:08 GMT)

General Motors (NYSE:GM)
Historical Stock Chart
From Apr 2024 to May 2024

General Motors (NYSE:GM)
Historical Stock Chart
From May 2023 to May 2024