General Motors announced on Thursday that it was pulling out of Venezuela after authorities seized its auto plant, in a fresh sign of the turmoil gripping the South American country as antigovernment protests swell.
The plant takeover happened on the same day that huge crowds of demonstrators marched against President Nicolás Maduro’s government, calling for new elections and a return to democratic rule. The move against GM could further strain relations between Venezuela’s leftist government and Washington.
GM called the expropriation of its factory “an illegal judicial seizure of its assets” and announced that it would cease operations in the country, where it employs nearly 2,700 workers.
It seems Maduro is trying to blame this 'mother of all protests' on the US and chose to seize General Motors assets to punish the US for it's suppose it involvement. It's worthy to note General Motors has been making cars in Venezuela since the 1950's so they've been around for many socialist presidents. Protesters are planning to continue their protests until democracy is restored.
Maduro seems to getting desperate lets hope he doesn't do anything stupid. The military needs to stand down and let the people take back their country.