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AutoBlog: AP says General Motors to announce 14 plant closures on Monday

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Filed under: Trends, Plants/Manufacturing, GM, Earnings/Financials

gm-symbol-fence-getty-250.jpgAccording to a source at The Associated Press, General Motors will announce the closure of 14 factories on Monday morning. The shutterings will reportedly occur by the end of 2010, and are being viewed as part of GM's widely anticipated plans to file for Chapter 11 bankruptcy.

The move would not be completely unexpected, as GM had previously announced that it expects to have to close 16 plans by the end of next year, resulting in some 21,000 pink slipped workers. As GM has already announced that an engine plant in Massena, New York and a stamping plant in the Grand Rapids, Michigan area will be shutting down, this would bring the full tally to 16.

According to the AP report, factory-level union leaders are unaware of which plants will be axed, but the plan is said to include four assembly facilities, along with stamping, engine, and transmission operations.



[source: Associated Press (via Chron) | Image: Dan Kitwood/Getty]

AP says General Motors to announce 14 plant closures on Monday originally appeared on Autoblog on Thu, 28 May 2009 10:55:00 EST. Please see our terms for use of feeds.

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dfelt    1,702

I hope this does not effect their Duramax Engine production and the 6 speed allison tranny. That is one of their bright gold stars.

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I agree. DELAWARE (sorry about the mis-spell) really ought to keep this plant.

Targa IMHO is the best looking Pontiac in years...and my apologies to the G8 and Firebird fans here.

Chris

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