GM and Punch Corporation
I am surprised and disappointed at the sudden announcement from Punch Corporation and General Motors this afternoon.
It does not match the statements both Punch and GMH have made to me.
At the end of the day it is a decision for the two parties involved.
The Government offered every support to Punch in every matter that they raised with us.
We will continue to offer help to Punch in pursing other opportunities in the automotive sector should they choose to do so.