General Motors plans to halt production at five factories in North America and cut thousands of jobs.
The company also plans to close three plants outside North America by the end of 2019.
The moves follows rising costs and slowing car sales and comes as the US carmaker focuses on its line-up of trucks, electric and self-driving vehicles.
The company said the plan would help it to save about $6bn (£4.7bn).
That includes a 15% reduction the number of its employees, including 25% fewer executives.
“The actions we are taking today continue our transformation to be highly agile, resilient and profitable, while giving us the flexibility to invest in the future,” said GM chairman and chief executive Mary Barra.
“We recognise the need to stay in front of changing market conditions and customer preferences to position our company for long-term success.”
… [Trackback]
[…] There you will find 71817 more Info on that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Here you will find 64155 more Info on that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Find More Information here on that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] There you will find 40868 additional Information on that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Info on that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Read More Information here to that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Here you can find 37565 more Information on that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Find More Info here to that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Read More Info here on that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Find More on that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Read More Information here to that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Find More Information here to that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Find More Information here to that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Read More Info here to that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Find More Information here to that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Find More Info here to that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Find More Information here on that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Here you will find 68044 additional Information to that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Find More on that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] There you will find 28335 more Information on that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Information to that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Info to that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Info on that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]
… [Trackback]
[…] Read More here to that Topic: newscencord.org/gm-to-slash-jobs-and-close-8-plants/ […]