After 52 years of cranking out more than 16 million new vehicles, the General Motors assembly plant in Lordstown, Ohio, is shutting down.
As Americans have gravitated to trucks and SUVs and turned away from cars, GM CEO Mary Barra is adjusting the automaker's footprint by ending production at five plants in the U.S. and Canada and cutting 14,000 jobs. Lordstown is the first plant to close under this new plan. Not a big surprise since the plant only made the slow-selling Cruze sedan and GM is looking to shed some of the company's unused capacity.
Last year, GM's capacity utilization rate in North America was among the worst in the industry at 73 percent. Ford's factories were producing at 82 percent of capacity, Fiat Chrysler's were working 90 percent, Honda at 91 percent and Toyota at 93 percent, according to LMC Automotive.
At least they will have Obamacare...
Lordstown plant closed because GM caved to liberals to produce a vehicle Americans did not want. Real blame for closing is at the feet of liberal pressure for GM to make a vehicle that does not address the needs of the public. Listen to consumers not sky is falling idiots in DC.
Its Business 101. The plant Closed because people weren't buying the cruze. GM was losing money. Until sedan sales pick back up I see no reason for the plant opening back up. Also, Companies are not loyal to workers, find another job and move on.
Yea it’s the fault of mtbarra and GM if they built products that customers wanted to buy like elonmusk and Tesla do they wouldn’t be closing plants and laying off workers davidtayar5 TeslaQBear1 TeslaArmy
Asinine grandstanding
Well trump wake up and take a look 10,000 jobs at its height imagine the economy thriving like that again ! The towns , the shops , the schools , public infrastructure - all goes hand in hand to create a booming economic environment! Keep production on shore
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GM is ending Chevy Cruze production at an Ohio factory this weekThe Chevy Cruze is a once-popular sedan that has endured sales declines as consumers have shifted to SUVs. I've already decided to never buy a gm vehicle the last time they did this Another one bites the dust.
Source: BusinessInsider - 🏆 729. / 51 Read more »
May the Chevy Volt RIP: Tesla helped kill it, but it taught GM a lot about electric carsLast week, General Motors quietly pulled the plug on the Volt, ending its production run at one of the three North American assembly plants it plans to shutter this year. wow this was an ugly car Big loss for EVs. Sad to see this car go but I hope GM stays in the EV game.
Source: CNBC - 🏆 12. / 72 Read more »
GM set to end production at Ohio plant WednesdayGeneral Motors Co said on Monday it expects to end production of the Chevrolet C... winning Brexit? Oshawa feels your pain.
Source: Reuters - 🏆 2. / 97 Read more »
GM Says Two Top Executives to Leave the CompanyGeneral Motors’ Global Manufacturing Chief Alicia Boler Davis will leave in April to pursue other opportunities, while the head of North America, Alan Batey, will retire after 40 years. GM 💚💙 She did the dirty work of 'unallocating factories' and now her time is unallocated. They lost the fight to keep manufacturing in Canada and the US after govt subsidies saved them.
Source: WSJ - 🏆 98. / 63 Read more »
GM global manufacturing chief will reportedly join AmazonGovernment subsidies
Source: CNBC - 🏆 12. / 72 Read more »
GM President of North America Alan Batey is retiring after 40 yearsGeneral Motors' President of North America Alan Batey plans to retire in 2019, the automaker said Thursday. Ever since Dan retired he’s been using up all his free time to rig team mvp voting on Ethan’s 12U football team. Ethan lead his team in TDs and Rec. yards and still didn’t win mvp. Why? Cause dan said anyone who votes for his kid (who sucks) is invited over to use their pool.
Source: CNBC - 🏆 12. / 72 Read more »
From $22 an hour to $11: GM job cuts in Ohio show a hot economy is still leaving parts of America behindThe automaker is shutting down production at its Lordstown plant, home of the Chevy Cruze — affecting 5,400 people Wow 😮 But the tax cuts? So how do we justify $15 for flipping burgers?
Source: washingtonpost - 🏆 95. / 72 Read more »
As GM's Lordstown plant idles, an iconic American job nears extinctionGeneral Motors is ending production at its Lordstown, Ohio plant today — two days earlier than previously expected TrumpClosure It’s the death of the middle class will be interesting to see who they drain all the tax money out of now Trump should be proud with his I’m THE BEST DEAL MAKER BS, which his constituents here in Lordstown, ATE up like soft💩💩💩 served up as ice cream‼️ Bcarefulwhatyaskfor and guess what, no more coal jobs either 🤦🏽♀️
Source: CNN - 🏆 4. / 95 Read more »
Production will end at GM's Lordstown, Ohio plant on WednesdayGeneral Motors is ending production at its Lordstown, Ohio, plant Wednesday — two days earlier than previously expected Well if they stopped making crap cars Gotta love demtards bashing potus after their 401k and investments are at their peak. Also a lot of those workers are being shifted to truck and SUV plants where the demand is high Hilarious the same commentors on this tweet blaming Trump didn't give him any credit when companies announced they were staying open/in the States. It's like to them it's directly Trump's fault when it's bad news, but not his when good news. The Chevy Cruze sucks by the way.
Source: CNN - 🏆 4. / 95 Read more »