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Venezuela just did General Motors a favor by seizing its car assembly plant

Ana Campoy
Venezuela just did General Motors a favor by seizing its car assembly plant

This week the Venezuelan government took over a car factory owned by General Motors, a company that’s been doing business in the country since 1948. The carmaker quickly condemned the action, saying it caused GM “irreparable harm.” But in the end, the takeover might prove to be a blessing in disguise. The political and economic…