Actionable news
0
All posts from Actionable news
Actionable news in GM: GENERAL MOTORS COMPANY,

GM Cancels Plan to Build Small Cadillac at Orion Plant in Michigan

General Motors Co. has canceled a plan to invest an additional $245 million in a...

General Motors Co. GM 0.54 % has scrapped a plan to invest an additional $245 million in a factory north of Detroit to build a small Cadillac, with management deciding instead to build the future product in Kansas to contain costs.

The move, communicated to employees earlier in the year, threatens the security of workers at GM’s Orion assembly who have long dealt with uncertainty due to product mix. The plant, left open as a condition of 2009 federal auto bailouts, is working on one shift and logging overtime as the company plans to start producing the Chevrolet Bolt electric car in the facility later...


More