Venezuela seizes GM plant & assets amidst riots
So my question is, aside from some assets like office furniture, machinery and petty cash what does the Venezuelan government stand to gain from seizing the plant if there are no workers to run it, or raw materials and components to produce vehicles? Not sure anyone there is making or buying cars anyway, but it seems like a pretty counterproductive thing to do.General Motors Venezolana, GM's local subsidiary, did not provide any details about the seizure, other than to say the facility "was unexpectedly taken by authorities, preventing normal operations." It said other assets, "such as vehicles," had also been stripped from the site.
Announcing "immediate cessation of its operations in the country," GM accused local officials of causing "irreparable damage" to the company and its 2,678 workers and 79 dealers in the country. GM said it would pay separation benefits "as far as the authorities permit."