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August 4, 1990 | From Times Wire Services
General Motors Corp. said Friday that it suspended participation in a project to build a vehicle assembly plant in Iraq that was scheduled to produce Oldsmobile cars and Chevrolet trucks by as early as next year. The decision to suspend involvement in the 10-year project near Baghdad was made to comply with President Bush's order for American businesses not to take part in any Iraqi projects because of Iraq's invasion of Kuwait this week, GM spokesman Jack Harned said.
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BUSINESS
August 4, 1990 | From Times Wire Services
General Motors Corp. said Friday that it suspended participation in a project to build a vehicle assembly plant in Iraq that was scheduled to produce Oldsmobile cars and Chevrolet trucks by as early as next year. The decision to suspend involvement in the 10-year project near Baghdad was made to comply with President Bush's order for American businesses not to take part in any Iraqi projects because of Iraq's invasion of Kuwait this week, GM spokesman Jack Harned said.
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