Showing posts with label plants. Show all posts
Showing posts with label plants. Show all posts

Saturday, February 9, 2019

General Motors Kills Off Six Models As It Closes Down Plants

So, which cars are on the chopping block?

Anyone paying attention to the automotive industry lately would have noticed the slow death of sedans. Ford was the first to announce it was killing off all sedan models except for the Mustang, starting with the end of all national advertising.

For a few years now, we've heard rumors that General Motors would be taking a similar route and now those rumors have panned. GM has today announced an aggressive cost-saving plan which includes the shut down three assembly plants and the death of six sedan models.

The three plants being shut down are Detroit-Hamtramck in Michigan, Lordstown in Ohio, and Oshawa in Ontario. These shutdowns will include a layoff of around 15% of the company's total salaried staff in an effort to save $6 billion in cash flow by 2020.

6,200 jobs are reportedly at stake including around 1,500 in Hamtramck, 1,600 in Lordstown, and 2,500 in Oshawa. GM made the move "in response to market-related volume declines in cars."

The Detroit plant is responsible for building the Chevrolet Volt and Impala, Buick LaCrosse, and Cadillac CT6, the Ohio plant builds the Chevy Cruze, and the Ontario plant builds the Cadillac XTS and Chevrolet Impala.

This is huge news, especially considering the recent reveal of the sporty CT6-V earlier this year. We aren't sure how the CT6-V will be impacted moving forward with the CT6 production set to end on June 1, 2019. Each of these six models will all end production in 2019 at different intervals based on when each plant is set to go idle.

"GM is continuing to take proactive steps to improve overall business performance, including the reorganization of its global product development staffs, the realignment of its manufacturing capacity and a reduction of salaried workforce," the company said in a news release Monday.

Saturday, January 12, 2019

GM To Idle 5 Car Plants Next Month: Could Production In Mexico Be Next?

Ford has defied Trump and done it. Why not GM?

2016 has not been a good year for American car production. SUVs and trucks have been selling like crazy, but coupe, sedan and hatchback sales have tended to stagnate or spiral. Ford responded to the changing times by idling plants and now The Detroit News is reporting that GM plans to do the same. A total of five plants will take a few weeks off in January 2017. The Detroit Newsalso reports that GM is eliminating the second shift at its Detroit-Hamtrack facility. That plant makes the Chevrolet Volt, Cadillac CT6 and Buick Lacrosse.

The Detroit News says that killing off the second shift at Detroit-Hamtrack will leave almost 1,300 jobless, although GM is going to try and place those affected in jobs at other plants nearby. In addition to losing its second shift the facility will take three weeks off in January. Kansas City’s Fairfax Assembly Plant, which makes the Chevy Malibu, will also close for three weeks to start the year. Other plants set to be idled include the home of the Camaro and Cadillac CTS/ATS, Lansing Grand River. Workers there will get a forced two-week vacation. Ohio’s Lordstown Assembly Plant and Kentucky’s Bowling Green Assembly Plant round out the group and will each be closed for a week in January. The former makes the Cruze and the latter the Corvette.

Like Ford, GM is idling its plants to match a swing in demand. The Detroit News says the automaker has a massive supply of cars stretching 105 days. The Lacrosse has a 168-day supply! If those figures are too abstract than a quick look at the sales numbers from November will tell you all you need to know. Every car on that list, save for the Malibu and Volt, are down on sales compared to 2015. The Lacrosse is down 36.3%! The fact that the second shift at the Volt’s plant was eliminated tells you that GM expects a downturn in demand. Same thing for the three-week idle at the Malibu’s factory. With this news it wouldn't be a shock if GM started to consider shifting small car production abroad a la Ford. That would really piss off President Trump, huh?

Thursday, December 13, 2018

GM To Idle 5 Car Plants Next Month: Could Production In Mexico Be Next?

Ford has defied Trump and done it. Why not GM?

2016 has not been a good year for American car production. SUVs and trucks have been selling like crazy, but coupe, sedan and hatchback sales have tended to stagnate or spiral. Ford responded to the changing times by idling plants and now The Detroit News is reporting that GM plans to do the same. A total of five plants will take a few weeks off in January 2017. The Detroit Newsalso reports that GM is eliminating the second shift at its Detroit-Hamtrack facility. That plant makes the Chevrolet Volt, Cadillac CT6 and Buick Lacrosse.

The Detroit News says that killing off the second shift at Detroit-Hamtrack will leave almost 1,300 jobless, although GM is going to try and place those affected in jobs at other plants nearby. In addition to losing its second shift the facility will take three weeks off in January. Kansas City’s Fairfax Assembly Plant, which makes the Chevy Malibu, will also close for three weeks to start the year. Other plants set to be idled include the home of the Camaro and Cadillac CTS/ATS, Lansing Grand River. Workers there will get a forced two-week vacation. Ohio’s Lordstown Assembly Plant and Kentucky’s Bowling Green Assembly Plant round out the group and will each be closed for a week in January. The former makes the Cruze and the latter the Corvette.

Like Ford, GM is idling its plants to match a swing in demand. The Detroit News says the automaker has a massive supply of cars stretching 105 days. The Lacrosse has a 168-day supply! If those figures are too abstract than a quick look at the sales numbers from November will tell you all you need to know. Every car on that list, save for the Malibu and Volt, are down on sales compared to 2015. The Lacrosse is down 36.3%! The fact that the second shift at the Volt’s plant was eliminated tells you that GM expects a downturn in demand. Same thing for the three-week idle at the Malibu’s factory. With this news it wouldn't be a shock if GM started to consider shifting small car production abroad a la Ford. That would really piss off President Trump, huh?

ID.7: A longer-wheelbase electric sedan with impressive range, possibly for North America.

The latest confirmed information shows that the Volkswagen ID.7 will not be coming to North America at all—VW has officially cancelled its ...