GM exits South Africa

[DavidB]

This is very unfortunate, but our economy is so broken. I don't blame them.

https://www.gmsouthafrica.co.za/#q99-media-centre

My 2009 Aveo just lost a lot of resale value. Sad times

[MetroMPG]

I read that as well. Not just South Africa, but also India.

http://abcnews.go.com/Business/wireS...frica-47484200

Plus they withdrew from Venezuela recently (basket case political/economic climate) and Russia a few years ago.

I'm not sure it'll affect your resale value too much.

I've owned a couple of "orphan" brands, and when they're that age they've already done the worst of their depreciation.

[NirvAveo]

I'm finding the current prices for Aveos to be quite variable, there's not much consistency between mileage/age and trim as you look at different dealerships (I had a quick check of current prices around the Western Cape on the day the news of GM leaving broke). I saw a 2012 1.6LS with 45K km on the clock, same as my car, going for R115k, which is more than I bought mine when it had 23K km. The other options were also priced strangely, they don't seem to have "settled" in value but generally hover around R100k.

[gclark8]

I found today the end of the Barina/Aveo in Aus: https://www.aveoforum.com/forum/f80/...stralia-23445/