Ouch. And just before Christmas.
"GM is expected to announce it will cut the Chevrolet Volt, Impala and Cruze, the Cadillac CT6 and XTS, and the Buick LaCrosse, according to a source familiar with GM’s plans."
A lot of these plants produce cars, which at this point is a prosperity profit. If these plants aren't running at near full-capacity, GM loses money. It looks like GM is getting out of the cars game too.
The CUVs have very similar gas mileage to the sedans and are often based on platforms shared with sedans. So no, it wont bite GM. GM can easily import vehicles overseas as well, like they do with one of their Buicks, which is made in China.I'm just curious, when gas prices go up (and they will) to a level that people aren't comfortable with, how this move will potentially come back to bite them
Thanks Trump.
Sorry, had to do it.
Isn't this mostly in Canada? Automation and market transitions. These plants make a product that isn't very popular. Like Sid said, they need to be more flexible with the plant designs going forward.
I wish I would've placed a bet on this the day Ford announced they were getting out of the car business.
ALL MANUFACTURERS WILL FOLLOW.
Manufacturers are building SUVs and crossovers that get the same fuel mileage as cars, and they sit up higher and have more space. THAT'S WHAT PEOPLE WANT.
FCA will follow suit. I'd venture to guess the imports will keep their small car lines as they sell the bulk of them overseas anyways.
Yup the 2019 camaro is the reason GM is doing this. I heard GM changed the spelling to Camero too. You know, a misspelling to match the atrocious front and back end of the 19 Camero.If the Camaro kept the old front end this could have been avoided.
keeping the Malibu but axing the lacrosse?