The truth about the GM Janesville plant shutdown

[LiberalFighter]

From Wikipedia

During GM's 2008 annual shareholder meeting on June 3, 2008, CEO Rick Wagoner announced that the Janesville assembly plant would close by 2010, along with three other GM factories, and could close sooner if the market dictated.[6] The cutbacks announced, along with other changes, were expected to save the North American division $1 billion per year starting in 2010.

GM extended its annual summer shutdown an additional two weeks and planned another ten weeks of shutdown for the remainder of 2008 because of excess inventories of SUVs made at the plant.

In October 2008, GM announced Janesville Assembly would be largely idled December 23, 2008 when production of SUVs would end. A skeleton crew continued to work at Janesville Assembly through June, 2009, completing the Janesville/Isuzu light truck contract.

[_Liann_]

1. So GM closed the plant during Chimp Bush regime, before Obama took office.