POLL: GM To Cut Jobs, Production of Classic Sedans

(Detroit, MI)  --  General Motors reportedly plans to cut its workforce by 15-percent in a massive company-wide restructuring.  The automaker said five plants will stop production in 2019, in Michigan, Maryland, Ohio and in Ontario, Canada. 

The company's executive staff will also be cut by 25-percent.  A GM official told the Los Angeles Times the move prepares the company for the next economic downturn, shifting trade agreements under the Trump administration, and potential tariffs on imported automobiles.

GM To Shutter Five Assembly Plants

(Detroit, MI)  --  General Motors will be closing five assembly plants that the automaker says will save them six-billion dollars by 2020.  The Hamtramck Assembly Plant in Detroit, and the Warren Transmission Plant are the two factories in metro Detroit that will close.  The Lordstown Assembly Plant in Ohio, Baltimore Operations in Maryland and the Oshawa Assembly in Ontario, Canada are also being shuttered.  GM CEO Mary Barra says the closing dates for each facility will be different, but all will end production by the end of next year.  Workers at the plants affected by the closures will have the opportunity to transfer to other GM facilities.  

GM To End Production On Several Passenger Cars

(Detroit, MI)  -- As part of a consolidation plan released this morning, General Motors has confirmed they will no longer build the Chevrolet Volt and Chevrolet Cruise.  A GM official told the "Detroit Free Press" that those cars will end production in March of next year.  The company is also discontinuing the Chevrolet Impala in the fourth quarter of 2019 and will likely end the production of the Cadillac XTS, Cadillac CT6, and Buick Lacrosse.  The company is trimming approximately 15-percent of their workforce in a plan to save six-billion dollars by 2020.

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