GM to close 4 truck, SUV plants as consumers' preferences shift
Summary from United States, from articles in English
|
WILMINGTON, Del. - General Motors officially blew up its old business model Tuesday, closing four pickup and SUV factories, announcing a new small car that could get 45 miles per gallon and shedding 10,000 jobs in the process. (article 5)
DETROIT - With truck and sport utility vehicle sales tumbling and its U.S.-based competitors either closing factories or cutting production, Chrysler LLC may be the next automaker to announce further cuts. (article 10)
While workers are anxious and industry analysts say additional measures are inevitable, Chrysler says that moves announced late last year are sufficient for now to deal with the declining U.S. auto market. (article 10)
WILMINGTON, Del. General Motors shareholders blasted the company's chief executive for raking in huge salaries and bonuses while the automaker has struggled financially, but a proposal to give investors a say on executive pay was soundly defeated today. (article 9)
WILMINGTON, Del. (AP) General Motors is closing four truck and SUV plants in the U.S., Canada and Mexico as surging fuel prices hasten a dramatic shift to smaller vehicles. (article 1)
CEO Rick Wagoner said Tuesday before the automaker's annual meeting in Delaware the plants to be closed are in Oshawa, Ontario; Moraine, Ohio; Janesville, Wis.; and Toluca, Mexico. (article 1)
|
Other summaries about this story:
Event tracking:
Story keywords
|
GM, Wagoner, plant, Oshawa, vehicles |
Source articles
- ABC News: GM Closing 4 Plants, Might Axe Hummer (ABCNews, 06/03/2008, 304 words)
- GM Closing 4 Truck and SUV Plants in North America (Washington Post, 06/04/2008, 646 words)
- Arlington not on list of GM plant closures (dallasnews.com, 06/03/2008, 1384 words)
- GM to close 4 plants, focus on small cars (sfgate.com, 06/04/2008, 1252 words)
- GM slashes big-car production (seattletimes.nwsource.com, 06/04/2008, 832 words)
- GM to close 4 truck, SUV plants as consumers' preferences shift (sfgate.com, 06/04/2008, 687 words)
- ABC News: GM Closures Hit Plant Towns Hard (ABCNews, 06/03/2008, 365 words)
- News for Dallas, Texas (dallasnews.com, 06/04/2008, 189 words)
- Shareholders blast pay of GM chief executive (L.A. Times, 06/03/2008, 639 words)
- Chrysler may be next to announce production cuts (seattletimes.nwsource.com, 06/04/2008, 687 words)
|
|
