Tag: plant closures

Despite Big North American Earnings, Barra Says GM Plants Have to Go

Despite a year-over-year sales drop in the fourth quarter of 2018, a higher average transaction price spurred by growth in high-margin vehicle sales in North America returned better than expected Q4 earnings for General Motors. The company’s strong showing comes as its overseas ventures sank and headwinds gathered at home and abroad; mainly, predictions of […]

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Elon as Rescuer? Not for GM Workers, Barra Says

Shortly after General Motors announced its decision to end assembly work at two car-producing U.S. plants, Tesla CEO Elon Musk floated the possibility of a Silicon Valley rescue of either Detroit-Hamtramck or Lordstown Assembly. Talks between GM and Tesla did occur, it turns out, but GM CEO Mary Barra doesn’t seem to think much of […]

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End of the Line: Bid to Save Oshawa Assembly Fails, Workers Walk Out

The faint hope that existed at the end of 2018 in regards to General Motors’ Oshawa, Ontario assembly plant no longer exists, except maybe in the minds of the most optimistic of union brass. On Tuesday, the automaker told Unifor, the union representing Detroit Three autoworkers in Canada, that its proposals to save the country’s […]

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Is Tesla Coming to a Mothballed GM Plant Near You?

Tesla’s Fremont, California assembly plant once cranked out Pontiac Vibes and Toyota Matrixes under a joint venture between General Motors and Toyota, but could a current GM factory one day give way to Tesla production? Tesla CEO Elon Musk put that possibility out there during a 60 Minutes interview on the weekend. As one might […]

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