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Author Topic: General Motors (GM) Shuts Down 4 Car Plants  (Read 712 times)

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General Motors (GM) Shuts Down 4 Car Plants
« on: June 04, 2008, 10:58:13 AM »
General Motors is closing four truck and sports utility vehicle (SUV) plants in the US, Canada and Mexico as it looks to environmentally-friendly cars.

Recent strikes at some GM factories have dented production of SUVs.

And surging fuel prices have heralded a shift to smaller vehicles, with GM also considering selling its Hummer brand.

But GM's board has approved production of a new small Chevrolet car at a plant in Ohio and the Chevy Volt electric vehicle in Detroit.

Boss Rick Wagoner said plants to be closed were in Oshawa, Ontario, Canada; Moraine, Ohio; Janesville, Wisconsin; and Toluca in Mexico.

The world's largest carmaker said it was making the moves "to aggressively respond to growing demand for fuel-efficient vehicles and to economic and market challenges in North America".

source: BBC News Online

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