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GM to cut production of SUVs and trucks [View All]

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Pale Blue Dot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-28-08 12:07 PM
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GM to cut production of SUVs and trucks
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Source: MSNBC

NEW YORK - General Motors Corp. said Monday it will cut production by another 117,000 vehicles, citing continued weak in consumer demand for pickup trucks and sport utility vehicles.

GM spokesman Tony Sapienza said the Detroit-based automaker will achieve the cuts by eliminating one shift each at its Moraine, Ohio, and Shreveport, La., plants. Most of the cuts will affect production of trucks and sport utility vehicles.

The Moraine plant makes the Chevrolet TrailBlazer, GMC Envoy, Buick Ranier, Isuzu Ascender, Saab 9-7x midsize SUVs, while the Shreveport plant currently produces the GMC Canyon, Chevrolet Colorado and Hummer H3.

http://www.msnbc.msn.com/id/25887305/

Read more: http://www.msnbc.msn.com/id/25887305/



Of course under normal circumstances this would be great news. However, this is going to cost even more jobs that won't be coming back.
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